Capital Group Dividend Value ETF $CGDV Shares Sold by Wealthcare Advisory Partners LLC

Wealthcare Advisory Partners LLC decreased its holdings in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 3.5% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,259,466 shares of the company’s stock after selling 46,243 shares during the period. Capital Group Dividend Value ETF makes up 1.2% of Wealthcare Advisory Partners LLC’s portfolio, making the stock its 14th biggest holding. Wealthcare Advisory Partners LLC owned 0.17% of Capital Group Dividend Value ETF worth $62,067,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the business. Richards Merrill & Peterson Inc. boosted its stake in shares of Capital Group Dividend Value ETF by 72.6% during the 1st quarter. Richards Merrill & Peterson Inc. now owns 59,315 shares of the company’s stock worth $2,523,000 after acquiring an additional 24,945 shares in the last quarter. Merit Financial Group LLC raised its position in shares of Capital Group Dividend Value ETF by 3.8% during the fourth quarter. Merit Financial Group LLC now owns 1,754,850 shares of the company’s stock worth $76,582,000 after purchasing an additional 64,689 shares during the period. Fourpath Capital Management LLC raised its position in shares of Capital Group Dividend Value ETF by 34.2% during the fourth quarter. Fourpath Capital Management LLC now owns 634,213 shares of the company’s stock worth $27,677,000 after purchasing an additional 161,553 shares during the period. MSH Capital Advisors LLC lifted its holdings in shares of Capital Group Dividend Value ETF by 66.1% during the fourth quarter. MSH Capital Advisors LLC now owns 35,900 shares of the company’s stock valued at $1,567,000 after purchasing an additional 14,293 shares during the last quarter. Finally, Summit Investment Advisory Services LLC lifted its holdings in shares of Capital Group Dividend Value ETF by 3.5% during the fourth quarter. Summit Investment Advisory Services LLC now owns 1,005,641 shares of the company’s stock valued at $43,886,000 after purchasing an additional 34,309 shares during the last quarter.

Capital Group Dividend Value ETF Stock Down 0.2%

NYSEARCA:CGDV opened at $51.21 on Tuesday. The stock has a fifty day simple moving average of $49.08 and a 200 day simple moving average of $46.65. The firm has a market capitalization of $38.84 billion, a price-to-earnings ratio of 26.59 and a beta of 0.88. Capital Group Dividend Value ETF has a 1-year low of $40.45 and a 1-year high of $51.49.

Capital Group Dividend Value ETF Profile

The Capital Group Dividend Value ETF (CGDV) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that primarily invests in stocks of dividend-paying, large- and mid-cap US companies. The fund seeks to produce income exceeding the average yield on US stocks. CGDV was launched on Feb 22, 2022 and is managed by Capital Group.