Sei Investments Co. raised its position in Capital Group Dividend Value ETF (NYSEARCA:CGDV – Free Report) by 12.2% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 1,842,457 shares of the company’s stock after purchasing an additional 200,755 shares during the period. Sei Investments Co.’s holdings in Capital Group Dividend Value ETF were worth $78,378,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in CGDV. Pflug Koory LLC acquired a new position in shares of Capital Group Dividend Value ETF in the 4th quarter valued at approximately $25,000. Triumph Capital Management acquired a new stake in shares of Capital Group Dividend Value ETF during the third quarter worth $32,000. Bay Harbor Wealth Management LLC bought a new position in Capital Group Dividend Value ETF in the fourth quarter worth about $32,000. Tucker Asset Management LLC acquired a new position in Capital Group Dividend Value ETF in the fourth quarter valued at approximately $32,000. Finally, Flagship Wealth Advisors LLC bought a new position in shares of Capital Group Dividend Value ETF during the fourth quarter valued at approximately $32,000.
Capital Group Dividend Value ETF Trading Up 0.3%
Shares of Capital Group Dividend Value ETF stock opened at $48.85 on Friday. The business’s 50 day simple moving average is $48.63 and its 200-day simple moving average is $46.18. The stock has a market capitalization of $36.67 billion, a price-to-earnings ratio of 26.59 and a beta of 0.88. Capital Group Dividend Value ETF has a twelve month low of $39.87 and a twelve month high of $49.55.
Capital Group Dividend Value ETF Company 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.
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Want to see what other hedge funds are holding CGDV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Capital Group Dividend Value ETF (NYSEARCA:CGDV – Free Report).
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