Capital Group Dividend Value ETF $CGDV is Nicholson Meyer Capital Management Inc.’s 6th Largest Position

Nicholson Meyer Capital Management Inc. grew its holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 9.6% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 224,842 shares of the company’s stock after buying an additional 19,620 shares during the quarter. Capital Group Dividend Value ETF comprises 7.3% of Nicholson Meyer Capital Management Inc.’s investment portfolio, making the stock its 6th biggest holding. Nicholson Meyer Capital Management Inc.’s holdings in Capital Group Dividend Value ETF were worth $9,565,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. LPL Financial LLC grew its holdings in Capital Group Dividend Value ETF by 20.7% during the fourth quarter. LPL Financial LLC now owns 63,490,640 shares of the company’s stock worth $2,770,731,000 after acquiring an additional 10,904,954 shares during the period. Raymond James Financial Inc. lifted its holdings in Capital Group Dividend Value ETF by 6.6% in the fourth quarter. Raymond James Financial Inc. now owns 23,591,243 shares of the company’s stock valued at $1,029,522,000 after acquiring an additional 1,465,566 shares during the period. Capital International Investors lifted its holdings in Capital Group Dividend Value ETF by 1.8% in the fourth quarter. Capital International Investors now owns 22,899,119 shares of the company’s stock valued at $999,318,000 after acquiring an additional 397,762 shares during the period. Northwestern Mutual Wealth Management Co. boosted its position in shares of Capital Group Dividend Value ETF by 12.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 18,754,937 shares of the company’s stock worth $818,465,000 after purchasing an additional 2,061,385 shares in the last quarter. Finally, Cetera Investment Advisers boosted its position in shares of Capital Group Dividend Value ETF by 14.5% during the 4th quarter. Cetera Investment Advisers now owns 16,399,426 shares of the company’s stock worth $715,671,000 after purchasing an additional 2,082,860 shares in the last quarter.

Capital Group Dividend Value ETF Stock Down 0.6%

NYSEARCA:CGDV opened at $48.49 on Friday. The firm’s fifty day simple moving average is $47.67 and its 200-day simple moving average is $45.44. The stock has a market cap of $34.97 billion, a PE ratio of 26.59 and a beta of 0.89. Capital Group Dividend Value ETF has a fifty-two week low of $39.23 and a fifty-two week high of $49.43.

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.