Capital Group Dividend Value ETF $CGDV is Latitude Advisors LLC’s 8th Largest Position

Latitude Advisors LLC raised its stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 15.1% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 87,468 shares of the company’s stock after acquiring an additional 11,498 shares during the quarter. Capital Group Dividend Value ETF makes up 1.7% of Latitude Advisors LLC’s portfolio, making the stock its 8th biggest holding. Latitude Advisors LLC’s holdings in Capital Group Dividend Value ETF were worth $3,721,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in CGDV. Pflug Koory LLC purchased a new stake in Capital Group Dividend Value ETF during the 4th quarter worth about $25,000. Triumph Capital Management purchased a new position in Capital Group Dividend Value ETF in the 3rd quarter valued at about $32,000. Bay Harbor Wealth Management LLC purchased a new position in Capital Group Dividend Value ETF in the 4th quarter valued at about $32,000. Tucker Asset Management LLC acquired a new stake in shares of Capital Group Dividend Value ETF during the 4th quarter worth about $32,000. Finally, Flagship Wealth Advisors LLC acquired a new stake in shares of Capital Group Dividend Value ETF during the 4th quarter worth about $32,000.

Capital Group Dividend Value ETF Price Performance

Shares of NYSEARCA CGDV opened at $48.95 on Friday. The company has a 50-day simple moving average of $48.01 and a 200-day simple moving average of $45.63. The company has a market cap of $36.89 billion, a PE ratio of 26.59 and a beta of 0.88. Capital Group Dividend Value ETF has a 12 month low of $39.76 and a 12 month high of $49.44.

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.