Capital Group Dividend Value ETF $CGDV Shares Purchased by Compton Financial Group LLC

Compton Financial Group LLC raised its position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 2,016.1% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 202,591 shares of the company’s stock after purchasing an additional 193,017 shares during the period. Capital Group Dividend Value ETF comprises about 1.9% of Compton Financial Group LLC’s investment portfolio, making the stock its 14th largest position. Compton Financial Group LLC’s holdings in Capital Group Dividend Value ETF were worth $8,618,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. LPL Financial LLC grew its holdings in shares of Capital Group Dividend Value ETF by 20.7% during the fourth quarter. LPL Financial LLC now owns 63,490,640 shares of the company’s stock worth $2,770,731,000 after buying an additional 10,904,954 shares in the last quarter. Axxcess Wealth Management LLC raised its position in shares of Capital Group Dividend Value ETF by 448.9% in the fourth quarter. Axxcess Wealth Management LLC now owns 3,520,015 shares of the company’s stock valued at $153,613,000 after buying an additional 2,878,723 shares during the last quarter. Raymond James Financial Inc. lifted its stake in shares of Capital Group Dividend Value ETF by 14.3% during the third quarter. Raymond James Financial Inc. now owns 22,125,677 shares of the company’s stock valued at $929,942,000 after buying an additional 2,772,053 shares during the period. Wells Fargo & Company MN lifted its stake in shares of Capital Group Dividend Value ETF by 20.1% during the fourth quarter. Wells Fargo & Company MN now owns 16,311,223 shares of the company’s stock valued at $711,822,000 after buying an additional 2,729,408 shares during the period. Finally, Bank of America Corp DE boosted its position in Capital Group Dividend Value ETF by 20.4% during the third quarter. Bank of America Corp DE now owns 15,868,443 shares of the company’s stock worth $666,951,000 after acquiring an additional 2,688,496 shares during the last quarter.

Capital Group Dividend Value ETF Stock Performance

Shares of NYSEARCA CGDV opened at $48.95 on Monday. The firm has a market cap of $36.89 billion, a P/E ratio of 26.59 and a beta of 0.88. Capital Group Dividend Value ETF has a 1 year low of $39.76 and a 1 year high of $49.44. The firm’s 50 day moving average price is $48.01 and its 200 day moving average price is $45.65.

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.