New England Private Wealth Advisors LLC Acquires 77,040 Shares of Capital Group Dividend Value ETF $CGDV

New England Private Wealth Advisors LLC grew its holdings in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 17.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 507,441 shares of the company’s stock after buying an additional 77,040 shares during the period. Capital Group Dividend Value ETF accounts for approximately 1.3% of New England Private Wealth Advisors LLC’s holdings, making the stock its 21st biggest position. New England Private Wealth Advisors LLC owned 0.08% of Capital Group Dividend Value ETF worth $22,145,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the business. Raymond James Financial Inc. boosted its holdings in shares of Capital Group Dividend Value ETF by 14.3% during the 3rd 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 in the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of Capital Group Dividend Value ETF by 4.0% during the 3rd quarter. Envestnet Asset Management Inc. now owns 17,388,906 shares of the company’s stock valued at $730,856,000 after buying an additional 668,214 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Capital Group Dividend Value ETF by 8.9% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 16,693,552 shares of the company’s stock valued at $701,630,000 after buying an additional 1,365,491 shares in the last quarter. Bank of America Corp DE boosted its holdings in shares of Capital Group Dividend Value ETF by 20.4% during the 3rd quarter. Bank of America Corp DE now owns 15,868,443 shares of the company’s stock valued at $666,951,000 after buying an additional 2,688,496 shares in the last quarter. Finally, Advance Capital Management Inc. boosted its holdings in shares of Capital Group Dividend Value ETF by 2.4% during the 4th quarter. Advance Capital Management Inc. now owns 10,051,233 shares of the company’s stock valued at $438,636,000 after buying an additional 231,646 shares in the last quarter.

Capital Group Dividend Value ETF Trading Up 0.2%

Shares of CGDV stock opened at $47.98 on Friday. Capital Group Dividend Value ETF has a 12 month low of $36.10 and a 12 month high of $48.49. The stock has a market cap of $34.60 billion, a PE ratio of 26.59 and a beta of 0.89. The company’s fifty day moving average price is $45.12 and its 200-day moving average price is $44.48.

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.