Cetera Investment Advisers Acquires 1,959,868 Shares of Capital Group Dividend Value ETF $CGDV

Cetera Investment Advisers lifted its holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 12.0% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 18,359,294 shares of the company’s stock after purchasing an additional 1,959,868 shares during the quarter. Capital Group Dividend Value ETF comprises 0.8% of Cetera Investment Advisers’ holdings, making the stock its 15th biggest position. Cetera Investment Advisers owned approximately 2.55% of Capital Group Dividend Value ETF worth $781,004,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. AQR Capital Management LLC bought a new position in Capital Group Dividend Value ETF in the first quarter valued at approximately $236,000. Franklin Resources Inc. acquired a new position in shares of Capital Group Dividend Value ETF in the second quarter valued at approximately $226,000. Russell Investments Group Ltd. increased its position in shares of 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 in the last quarter. Brown Advisory Inc. increased its position in shares of 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 in the last quarter. Finally, Sei Investments Co. raised its holdings in shares of 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 period.

Capital Group Dividend Value ETF Trading Down 0.0%

CGDV opened at $49.04 on Thursday. The stock has a market capitalization of $36.70 billion, a P/E ratio of 26.59 and a beta of 0.88. Capital Group Dividend Value ETF has a 12 month low of $39.87 and a 12 month high of $49.55. The firm’s fifty day simple moving average is $48.61 and its 200 day simple moving average is $46.13.

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.