Capital Group Dividend Value ETF $CGDV is AA Financial Advisors LLC’s Largest Position

AA Financial Advisors LLC lifted its stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 6.4% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 803,430 shares of the company’s stock after purchasing an additional 48,180 shares during the period. Capital Group Dividend Value ETF comprises 4.8% of AA Financial Advisors LLC’s investment portfolio, making the stock its biggest position. AA Financial Advisors LLC’s holdings in Capital Group Dividend Value ETF were worth $34,178,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Clark Capital Management Group Inc. boosted its holdings in shares of Capital Group Dividend Value ETF by 2.4% during the 3rd quarter. Clark Capital Management Group Inc. now owns 9,984 shares of the company’s stock worth $420,000 after purchasing an additional 238 shares during the last quarter. Cim LLC raised its position in Capital Group Dividend Value ETF by 2.3% in the third quarter. Cim LLC now owns 11,280 shares of the company’s stock valued at $474,000 after purchasing an additional 250 shares during the period. Ameriprise Financial Inc. lifted its stake in shares of Capital Group Dividend Value ETF by 1.7% in the 2nd quarter. Ameriprise Financial Inc. now owns 16,080 shares of the company’s stock valued at $635,000 after purchasing an additional 263 shares during the last quarter. OneAscent Financial Services LLC raised its stake in shares of Capital Group Dividend Value ETF by 0.7% in the 4th quarter. OneAscent Financial Services LLC now owns 43,691 shares of the company’s stock valued at $1,907,000 after acquiring an additional 294 shares during the period. Finally, Prospect Financial Services LLC raised its position in Capital Group Dividend Value ETF by 2.5% in the fourth quarter. Prospect Financial Services LLC now owns 12,925 shares of the company’s stock valued at $564,000 after purchasing an additional 312 shares during the period.

Capital Group Dividend Value ETF Trading Up 0.6%

Shares of NYSEARCA CGDV opened at $48.77 on Friday. Capital Group Dividend Value ETF has a twelve month low of $39.04 and a twelve month high of $49.43. The stock has a fifty day simple moving average of $47.61 and a 200-day simple moving average of $45.42. The stock has a market capitalization of $35.17 billion, a PE ratio of 26.59 and a beta of 0.89.

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.