Everpar Advisors LLC Cuts Stock Holdings in Capital Group Dividend Value ETF $CGDV

Everpar Advisors LLC decreased its position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 31.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 32,427 shares of the company’s stock after selling 14,627 shares during the quarter. Everpar Advisors LLC’s holdings in Capital Group Dividend Value ETF were worth $1,598,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. CoreCap Advisors LLC grew its position in Capital Group Dividend Value ETF by 19.5% in the 2nd quarter. CoreCap Advisors LLC now owns 1,338 shares of the company’s stock worth $66,000 after purchasing an additional 218 shares in the last quarter. Berger Financial Group Inc lifted its position in shares of Capital Group Dividend Value ETF by 3.1% during the 1st quarter. Berger Financial Group Inc now owns 7,519 shares of the company’s stock worth $320,000 after buying an additional 224 shares in the last quarter. Clark Capital Management Group Inc. boosted its stake in shares of Capital Group Dividend Value ETF by 2.4% in the 3rd quarter. Clark Capital Management Group Inc. now owns 9,984 shares of the company’s stock worth $420,000 after buying an additional 238 shares during the last quarter. Cim LLC boosted its stake in shares of Capital Group Dividend Value ETF by 2.3% in the 3rd quarter. Cim LLC now owns 11,280 shares of the company’s stock worth $474,000 after buying an additional 250 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its holdings in shares of Capital Group Dividend Value ETF by 1.7% in the second quarter. Ameriprise Financial Inc. now owns 16,080 shares of the company’s stock valued at $635,000 after acquiring an additional 263 shares in the last quarter.

Capital Group Dividend Value ETF Trading Up 0.5%

Shares of CGDV opened at $51.30 on Friday. The company has a market capitalization of $38.91 billion, a price-to-earnings ratio of 26.59 and a beta of 0.88. The stock has a 50 day moving average of $49.04 and a 200 day moving average of $46.58. Capital Group Dividend Value ETF has a 12 month low of $40.45 and a 12 month high of $51.49.

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.