Capital Group Dividend Value ETF $CGDV is J. Derek Lewis & Associates Inc.’s 2nd Largest Position

J. Derek Lewis & Associates Inc. increased its position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 4.9% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 754,921 shares of the company’s stock after purchasing an additional 35,551 shares during the period. Capital Group Dividend Value ETF accounts for 7.2% of J. Derek Lewis & Associates Inc.’s portfolio, making the stock its 2nd largest holding. J. Derek Lewis & Associates Inc. owned 0.10% of Capital Group Dividend Value ETF worth $32,116,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Berger Financial Group Inc increased its stake in Capital Group Dividend Value ETF by 3.1% in the 1st quarter. Berger Financial Group Inc now owns 7,519 shares of the company’s stock worth $320,000 after buying an additional 224 shares in the last quarter. Clark Capital Management Group Inc. lifted its position in shares of Capital Group Dividend Value ETF by 2.4% in the third quarter. Clark Capital Management Group Inc. now owns 9,984 shares of the company’s stock valued at $420,000 after acquiring an additional 238 shares in the last quarter. Cim LLC lifted its position in shares of Capital Group Dividend Value ETF by 2.3% in the third quarter. Cim LLC now owns 11,280 shares of the company’s stock valued at $474,000 after acquiring an additional 250 shares in the last quarter. Ameriprise Financial Inc. boosted its stake in shares of Capital Group Dividend Value ETF by 1.7% in the second quarter. Ameriprise Financial Inc. now owns 16,080 shares of the company’s stock worth $635,000 after acquiring an additional 263 shares during the period. Finally, OneAscent Financial Services LLC boosted its stake in shares of Capital Group Dividend Value ETF by 0.7% in the fourth quarter. OneAscent Financial Services LLC now owns 43,691 shares of the company’s stock worth $1,907,000 after acquiring an additional 294 shares during the period.

Capital Group Dividend Value ETF Trading Up 1.6%

NYSEARCA:CGDV opened at $49.23 on Friday. Capital Group Dividend Value ETF has a 12-month low of $39.87 and a 12-month high of $49.55. The stock has a 50-day moving average price of $48.74 and a 200 day moving average price of $46.33. The stock has a market capitalization of $37.05 billion, a P/E ratio of 26.59 and a beta of 0.88.

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.