Sanctuary Advisors LLC Raises Position in Capital Group Dividend Value ETF $CGDV

Sanctuary Advisors LLC grew its holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 5.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 682,503 shares of the company’s stock after acquiring an additional 33,077 shares during the period. Sanctuary Advisors LLC’s holdings in Capital Group Dividend Value ETF were worth $29,034,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also modified their holdings of the stock. LPL Financial LLC grew its stake in Capital Group Dividend Value ETF by 20.7% during the 4th quarter. LPL Financial LLC now owns 63,490,640 shares of the company’s stock worth $2,770,731,000 after purchasing an additional 10,904,954 shares in the last quarter. Axxcess Wealth Management LLC increased its holdings in Capital Group Dividend Value ETF by 448.9% during the 4th quarter. Axxcess Wealth Management LLC now owns 3,520,015 shares of the company’s stock worth $153,613,000 after purchasing an additional 2,878,723 shares during the period. Raymond James Financial Inc. raised its position in Capital Group Dividend Value ETF by 14.3% in the 3rd quarter. Raymond James Financial Inc. now owns 22,125,677 shares of the company’s stock valued at $929,942,000 after purchasing an additional 2,772,053 shares in the last quarter. Wells Fargo & Company MN raised its position in Capital Group Dividend Value ETF by 20.1% in the 4th quarter. Wells Fargo & Company MN now owns 16,311,223 shares of the company’s stock valued at $711,822,000 after purchasing an additional 2,729,408 shares in the last quarter. Finally, Bank of America Corp DE boosted its stake in shares of Capital Group Dividend Value ETF by 20.4% in 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 during the period.

Capital Group Dividend Value ETF Stock Performance

Shares of Capital Group Dividend Value ETF stock opened at $49.30 on Thursday. Capital Group Dividend Value ETF has a one year low of $39.87 and a one year high of $49.55. The company has a market cap of $36.74 billion, a PE ratio of 26.59 and a beta of 0.88. The business has a 50-day simple moving average of $48.45 and a 200-day simple moving average of $45.95.

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.