Regimen Wealth LLC Trims Holdings in Capital Group Dividend Value ETF $CGDV

Regimen Wealth LLC lessened its holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 14.3% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 358,111 shares of the company’s stock after selling 59,982 shares during the quarter. Capital Group Dividend Value ETF accounts for 4.5% of Regimen Wealth LLC’s investment portfolio, making the stock its 7th biggest position. Regimen Wealth LLC’s holdings in Capital Group Dividend Value ETF were worth $15,234,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the business. Pflug Koory LLC bought a new position in shares of Capital Group Dividend Value ETF during the fourth quarter valued at about $25,000. Triumph Capital Management purchased a new position in shares of Capital Group Dividend Value ETF in the third quarter worth about $32,000. Bay Harbor Wealth Management LLC bought a new stake in shares of Capital Group Dividend Value ETF in the 4th quarter valued at about $32,000. Tucker Asset Management LLC bought a new stake in shares of Capital Group Dividend Value ETF in the 4th quarter valued at about $32,000. Finally, Flagship Wealth Advisors LLC purchased a new stake in Capital Group Dividend Value ETF during the 4th quarter valued at about $32,000.

Capital Group Dividend Value ETF Price Performance

Shares of CGDV stock opened at $48.79 on Friday. The business has a 50-day moving average of $48.53 and a 200 day moving average of $46.01. Capital Group Dividend Value ETF has a 1-year low of $39.87 and a 1-year high of $49.55. The stock has a market capitalization of $36.51 billion, a PE 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.