Capital Group Dividend Value ETF $CGDV Position Increased by Park National Corp OH

Park National Corp OH grew its position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 2.4% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 934,689 shares of the company’s stock after buying an additional 21,463 shares during the quarter. Capital Group Dividend Value ETF makes up approximately 1.2% of Park National Corp OH’s portfolio, making the stock its 21st largest position. Park National Corp OH owned approximately 0.14% of Capital Group Dividend Value ETF worth $39,762,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. AQR Capital Management LLC purchased a new stake in shares of Capital Group Dividend Value ETF in the 1st quarter valued at approximately $236,000. Franklin Resources Inc. acquired a new position in Capital Group Dividend Value ETF in the 2nd quarter worth approximately $226,000. Russell Investments Group Ltd. grew its position in Capital Group Dividend Value ETF by 24.9% during the 2nd quarter. Russell Investments Group Ltd. now owns 4,638 shares of the company’s stock worth $183,000 after purchasing an additional 925 shares in the last quarter. Brown Advisory Inc. grew its position in Capital Group Dividend Value ETF by 22.7% during the 2nd quarter. Brown Advisory Inc. now owns 22,270 shares of the company’s stock worth $879,000 after purchasing an additional 4,118 shares in the last quarter. Finally, Sei Investments Co. raised its stake in Capital Group Dividend Value ETF by 21.1% during the 2nd quarter. Sei Investments Co. now owns 1,169,992 shares of the company’s stock valued at $46,203,000 after purchasing an additional 203,772 shares during the period.

Capital Group Dividend Value ETF Price Performance

CGDV opened at $48.99 on Friday. The stock has a fifty 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 P/E ratio of 26.59 and a beta of 0.89. Capital Group Dividend Value ETF has a 12-month low of $38.00 and a 12-month high of $49.43.

About Capital Group Dividend Value ETF

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.