Rubicon Advisors GP Acquires Shares of 11,257 Capital Group Dividend Value ETF $CGDV

Rubicon Advisors GP acquired a new stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 11,257 shares of the company’s stock, valued at approximately $491,000.

A number of other hedge funds also recently modified their holdings of CGDV. AQR Capital Management LLC acquired a new position in Capital Group Dividend Value ETF in the 1st quarter valued at about $236,000. Franklin Resources Inc. bought a new position in Capital Group Dividend Value ETF in the 2nd quarter valued at about $226,000. Russell Investments Group Ltd. lifted its position in Capital Group Dividend Value ETF by 24.9% during 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. lifted its position in Capital Group Dividend Value ETF by 22.7% during 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. lifted 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 last quarter.

Capital Group Dividend Value ETF Price Performance

Shares of NYSEARCA:CGDV opened at $48.99 on Friday. Capital Group Dividend Value ETF has a 12-month low of $38.00 and a 12-month high of $49.43. The business has a 50 day moving average of $47.32 and a 200-day moving average of $45.26. The stock has a market cap of $35.33 billion, a PE ratio of 26.59 and a beta of 0.89.

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.