Capital Group Dividend Value ETF $CGDV is Fermata Advisors LLC’s 5th Largest Position

Fermata Advisors LLC boosted its stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 7.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 249,783 shares of the company’s stock after purchasing an additional 16,313 shares during the period. Capital Group Dividend Value ETF comprises 2.5% of Fermata Advisors LLC’s portfolio, making the stock its 5th largest holding. Fermata Advisors LLC’s holdings in Capital Group Dividend Value ETF were worth $12,309,000 as of its most recent filing with the Securities & Exchange Commission.

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

Capital Group Dividend Value ETF Stock Performance

Shares of NYSEARCA:CGDV opened at $51.09 on Thursday. The stock’s 50-day simple moving average is $48.93 and its two-hundred day simple moving average is $46.50. The stock has a market capitalization of $38.75 billion, a price-to-earnings ratio of 26.59 and a beta of 0.88. Capital Group Dividend Value ETF has a 52-week low of $40.22 and a 52-week 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.