Capital Group Dividend Value ETF $CGDV Shares Purchased by VVR Holdings LLC

VVR Holdings LLC raised its holdings in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 4.6% in the 1st quarter, Holdings Channel reports. The firm owned 425,357 shares of the company’s stock after purchasing an additional 18,589 shares during the quarter. Capital Group Dividend Value ETF comprises about 9.3% of VVR Holdings LLC’s investment portfolio, making the stock its 3rd biggest holding. VVR Holdings LLC’s holdings in Capital Group Dividend Value ETF were worth $18,095,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in CGDV. Freedom Financial Partners LLC lifted its position in shares of Capital Group Dividend Value ETF by 23.8% in the 1st quarter. Freedom Financial Partners LLC now owns 232,758 shares of the company’s stock worth $9,902,000 after buying an additional 44,671 shares during the last quarter. Park National Corp OH grew its position in shares of Capital Group Dividend Value ETF by 2.4% during the 1st quarter. Park National Corp OH now owns 934,689 shares of the company’s stock valued at $39,762,000 after buying an additional 21,463 shares during the last quarter. Founders Financial Securities LLC raised its stake in Capital Group Dividend Value ETF by 20.3% during the first quarter. Founders Financial Securities LLC now owns 318,624 shares of the company’s stock worth $14,236,000 after acquiring an additional 53,790 shares during the period. Genesis Private Wealth LLC raised its stake in Capital Group Dividend Value ETF by 18.2% during the first quarter. Genesis Private Wealth LLC now owns 85,573 shares of the company’s stock worth $3,640,000 after acquiring an additional 13,159 shares during the period. Finally, Future Financial Wealth Managment LLC raised its stake in Capital Group Dividend Value ETF by 3.5% during the first quarter. Future Financial Wealth Managment LLC now owns 143,384 shares of the company’s stock worth $6,507,000 after acquiring an additional 4,845 shares during the period.

Capital Group Dividend Value ETF Stock Performance

NYSEARCA:CGDV opened at $48.99 on Friday. The stock has a 50 day moving average of $47.32 and a 200-day moving average of $45.26. The firm has a market capitalization of $35.33 billion, a PE ratio of 26.59 and a beta of 0.89. Capital Group Dividend Value ETF has a 52 week low of $38.00 and a 52 week high of $49.43.

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.