Continuum Advisory LLC Cuts Stock Holdings in Capital Group Dividend Value ETF $CGDV

Continuum Advisory LLC lessened its stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 2.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 932,608 shares of the company’s stock after selling 23,579 shares during the period. Capital Group Dividend Value ETF accounts for about 3.7% of Continuum Advisory LLC’s portfolio, making the stock its 2nd largest position. Continuum Advisory LLC’s holdings in Capital Group Dividend Value ETF were worth $45,959,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently added to or reduced their stakes in the stock. Tucker Asset Management LLC bought a new position in Capital Group Dividend Value ETF in the 4th quarter worth about $32,000. Flagship Wealth Advisors LLC bought a new stake in shares of Capital Group Dividend Value ETF during the fourth quarter valued at approximately $32,000. Triumph Capital Management purchased a new stake in shares of Capital Group Dividend Value ETF in the third quarter valued at approximately $32,000. TD Capital Management LLC purchased a new stake in shares of Capital Group Dividend Value ETF in the fourth quarter valued at approximately $34,000. Finally, Bayban purchased a new stake in shares of Capital Group Dividend Value ETF in the first quarter valued at approximately $36,000.

Capital Group Dividend Value ETF Stock Up 0.4%

Shares of NYSEARCA:CGDV opened at $49.73 on Thursday. The business’s 50 day moving average is $49.72 and its 200 day moving average is $47.30. The stock has a market cap of $37.72 billion, a P/E ratio of 26.59 and a beta of 0.88. Capital Group Dividend Value ETF has a 52-week low of $40.93 and a 52-week high of $51.63.

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.