Kingsview Wealth Management LLC Has $19.84 Million Holdings in Capital Group Dividend Value ETF $CGDV

Kingsview Wealth Management LLC grew its stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 31.9% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 454,659 shares of the company’s stock after buying an additional 110,016 shares during the period. Kingsview Wealth Management LLC owned approximately 0.07% of Capital Group Dividend Value ETF worth $19,841,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in CGDV. AQR Capital Management LLC acquired a new stake in shares of Capital Group Dividend Value ETF in the first quarter worth about $236,000. Franklin Resources Inc. acquired a new stake in shares of Capital Group Dividend Value ETF in the second quarter worth about $226,000. Russell Investments Group Ltd. lifted its position in shares of Capital Group Dividend Value ETF by 24.9% in the second quarter. Russell Investments Group Ltd. now owns 4,638 shares of the company’s stock worth $183,000 after buying an additional 925 shares during the last quarter. Brown Advisory Inc. lifted its position in shares of Capital Group Dividend Value ETF by 22.7% in the second quarter. Brown Advisory Inc. now owns 22,270 shares of the company’s stock worth $879,000 after buying an additional 4,118 shares during the last quarter. Finally, Sei Investments Co. lifted its position in shares of Capital Group Dividend Value ETF by 21.1% in the second quarter. Sei Investments Co. now owns 1,169,992 shares of the company’s stock worth $46,203,000 after buying an additional 203,772 shares during the last quarter.

Capital Group Dividend Value ETF Stock Performance

Capital Group Dividend Value ETF stock opened at $48.25 on Thursday. The business’s 50-day simple moving average is $45.39 and its 200-day simple moving average is $44.61. The firm has a market capitalization of $34.80 billion, a PE ratio of 26.59 and a beta of 0.89. Capital Group Dividend Value ETF has a 52 week low of $36.72 and a 52 week high of $48.49.

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.