Capital Group Dividend Value ETF $CGDV Stock Holdings Lowered by Integrated Advisors Network LLC

Integrated Advisors Network LLC cut its holdings in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 34.4% in the 1st quarter, Holdings Channel reports. The firm owned 22,309 shares of the company’s stock after selling 11,681 shares during the period. Integrated Advisors Network LLC’s holdings in Capital Group Dividend Value ETF were worth $949,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. LPL Financial LLC increased its holdings in shares of Capital Group Dividend Value ETF by 20.7% in the fourth quarter. LPL Financial LLC now owns 63,490,640 shares of the company’s stock valued at $2,770,731,000 after buying an additional 10,904,954 shares in the last quarter. Raymond James Financial Inc. boosted its stake in shares of Capital Group Dividend Value ETF by 6.6% during the 4th quarter. Raymond James Financial Inc. now owns 23,591,243 shares of the company’s stock worth $1,029,522,000 after acquiring an additional 1,465,566 shares in the last quarter. Capital International Investors grew its holdings in shares of Capital Group Dividend Value ETF by 1.8% in the 4th quarter. Capital International Investors now owns 22,899,119 shares of the company’s stock worth $999,318,000 after acquiring an additional 397,762 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Capital Group Dividend Value ETF by 12.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 18,754,937 shares of the company’s stock worth $818,465,000 after acquiring an additional 2,061,385 shares during the last quarter. Finally, Cetera Investment Advisers raised its position in shares of Capital Group Dividend Value ETF by 14.5% during the fourth quarter. Cetera Investment Advisers now owns 16,399,426 shares of the company’s stock worth $715,671,000 after purchasing an additional 2,082,860 shares during the period.

Capital Group Dividend Value ETF Stock Down 0.4%

Shares of Capital Group Dividend Value ETF stock opened at $48.71 on Thursday. Capital Group Dividend Value ETF has a 12-month low of $39.87 and a 12-month high of $49.44. The firm has a market capitalization of $36.09 billion, a PE ratio of 26.59 and a beta of 0.88. The stock’s fifty day moving average is $48.18 and its 200-day moving average is $45.77.

About Capital Group Dividend Value ETF

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.