Rockefeller Capital Management L.P. Acquires 367,119 Shares of Capital Group Dividend Value ETF $CGDV

Rockefeller Capital Management L.P. increased its holdings in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 74.4% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 860,383 shares of the company’s stock after purchasing an additional 367,119 shares during the period. Rockefeller Capital Management L.P. owned approximately 0.13% of Capital Group Dividend Value ETF worth $37,547,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. AQR Capital Management LLC bought a new position in Capital Group Dividend Value ETF in the 1st quarter worth approximately $236,000. Franklin Resources Inc. bought a new stake in shares of Capital Group Dividend Value ETF in the second quarter valued at approximately $226,000. Russell Investments Group Ltd. grew its stake 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 last quarter. Brown Advisory Inc. grew its stake in shares of Capital Group Dividend Value ETF by 22.7% in the second 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 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 worth $46,203,000 after acquiring an additional 203,772 shares during the period.

Capital Group Dividend Value ETF Price Performance

NYSEARCA:CGDV opened at $48.99 on Monday. The stock has a market cap of $35.33 billion, a P/E ratio of 26.59 and a beta of 0.89. Capital Group Dividend Value ETF has a one year low of $38.00 and a one year high of $49.43. The company has a fifty day moving average price of $47.32 and a 200 day moving average price of $45.28.

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.