Capital Group Dividend Value ETF $CGDV Shares Acquired by CFS Investment Advisory Services LLC

CFS Investment Advisory Services LLC increased its stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 4.5% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 247,549 shares of the company’s stock after purchasing an additional 10,743 shares during the period. CFS Investment Advisory Services LLC’s holdings in Capital Group Dividend Value ETF were worth $11,382,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in CGDV. Greenwood Capital Associates LLC increased its position in Capital Group Dividend Value ETF by 68.0% in the first quarter. Greenwood Capital Associates LLC now owns 102,609 shares of the company’s stock worth $4,365,000 after buying an additional 41,519 shares during the period. Cvfg LLC boosted its holdings in shares of Capital Group Dividend Value ETF by 18.1% during the first quarter. Cvfg LLC now owns 12,665 shares of the company’s stock valued at $539,000 after acquiring an additional 1,944 shares during the period. Armor Investment Advisors LLC boosted its holdings in shares of Capital Group Dividend Value ETF by 108.2% during the first quarter. Armor Investment Advisors LLC now owns 215,348 shares of the company’s stock valued at $9,161,000 after acquiring an additional 111,897 shares during the period. Advance Capital Management Inc. boosted its stake in Capital Group Dividend Value ETF by 1.4% during the 1st quarter. Advance Capital Management Inc. now owns 10,192,029 shares of the company’s stock valued at $433,569,000 after purchasing an additional 140,796 shares during the period. Finally, Investment Advisory Services Group LLC grew its position in Capital Group Dividend Value ETF by 93.7% in the 1st quarter. Investment Advisory Services Group LLC now owns 149,796 shares of the company’s stock worth $6,372,000 after purchasing an additional 72,452 shares during the last quarter.

Capital Group Dividend Value ETF Trading Down 0.4%

Shares of NYSEARCA:CGDV opened at $48.71 on Thursday. The firm’s 50 day moving average is $48.18 and its two-hundred day moving average is $45.77. Capital Group Dividend Value ETF has a 52 week low of $39.87 and a 52 week high of $49.44. The firm has a market capitalization of $36.09 billion, a P/E ratio of 26.59 and a beta of 0.88.

Capital Group Dividend Value ETF 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.