Capital Group Private Client Services Inc. Has $443.06 Million Holdings in Capital Group Dividend Value ETF $CGDV

Capital Group Private Client Services Inc. boosted its position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 7.3% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 10,152,683 shares of the company’s stock after buying an additional 692,635 shares during the quarter. Capital Group Dividend Value ETF accounts for approximately 7.0% of Capital Group Private Client Services Inc.’s investment portfolio, making the stock its 3rd largest position. Capital Group Private Client Services Inc. owned approximately 1.59% of Capital Group Dividend Value ETF worth $443,063,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of CGDV. AQR Capital Management LLC acquired a new position in shares of Capital Group Dividend Value ETF in the 1st quarter valued at $236,000. Franklin Resources Inc. acquired a new position in shares of Capital Group Dividend Value ETF in the 2nd quarter valued at $226,000. Russell Investments Group Ltd. boosted 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 acquiring an additional 925 shares during the period. Brown Advisory Inc. boosted 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 acquiring an additional 4,118 shares during the period. Finally, Sei Investments Co. boosted its position 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 worth $46,203,000 after acquiring an additional 203,772 shares during the period.

Capital Group Dividend Value ETF Trading Down 2.3%

Shares of NYSEARCA CGDV opened at $47.88 on Friday. Capital Group Dividend Value ETF has a one year low of $37.98 and a one year high of $49.10. The firm has a market capitalization of $34.53 billion, a PE ratio of 26.59 and a beta of 0.89. The business has a 50-day moving average price of $46.16 and a two-hundred day moving average price of $44.87.

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.