FreeGulliver LLC Raises Stake in Capital Group Dividend Value ETF $CGDV

FreeGulliver LLC raised its holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 8.2% in the first quarter, Holdings Channel.com reports. The fund owned 225,185 shares of the company’s stock after acquiring an additional 16,994 shares during the period. Capital Group Dividend Value ETF comprises 4.0% of FreeGulliver LLC’s portfolio, making the stock its 5th biggest holding. FreeGulliver LLC’s holdings in Capital Group Dividend Value ETF were worth $9,579,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Van Diest Capital LLC acquired a new position in shares of Capital Group Dividend Value ETF in the 1st quarter worth approximately $243,000. Waverly Advisors LLC raised its holdings in shares of Capital Group Dividend Value ETF by 27.7% in the 1st quarter. Waverly Advisors LLC now owns 46,230 shares of the company’s stock worth $1,967,000 after purchasing an additional 10,029 shares in the last quarter. Wealth Alliance LLC lifted its stake in Capital Group Dividend Value ETF by 130.1% during the first quarter. Wealth Alliance LLC now owns 97,213 shares of the company’s stock valued at $4,135,000 after purchasing an additional 54,965 shares during the last quarter. Greenline Wealth Management LLC lifted its stake in Capital Group Dividend Value ETF by 3.4% during the first quarter. Greenline Wealth Management LLC now owns 143,828 shares of the company’s stock valued at $6,118,000 after purchasing an additional 4,783 shares during the last quarter. Finally, American Financial Advisors LLC bought a new stake in Capital Group Dividend Value ETF during the first quarter worth approximately $260,000.

Capital Group Dividend Value ETF Stock Performance

Capital Group Dividend Value ETF stock opened at $48.85 on Friday. The firm has a market cap of $36.67 billion, a price-to-earnings ratio of 26.59 and a beta of 0.88. Capital Group Dividend Value ETF has a 1 year low of $39.87 and a 1 year high of $49.55. The firm’s 50 day moving average price is $48.63 and its two-hundred day moving average price is $46.18.

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.