Wealthcare Advisory Partners LLC Buys 92,197 Shares of Capital Group Dividend Value ETF $CGDV

Wealthcare Advisory Partners LLC boosted its stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 8.1% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,236,233 shares of the company’s stock after purchasing an additional 92,197 shares during the quarter. Capital Group Dividend Value ETF comprises approximately 1.1% of Wealthcare Advisory Partners LLC’s holdings, making the stock its 18th largest holding. Wealthcare Advisory Partners LLC’s holdings in Capital Group Dividend Value ETF were worth $53,949,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. AQR Capital Management LLC bought a new stake in shares of Capital Group Dividend Value ETF in the first quarter worth about $236,000. Creative Planning boosted its stake in Capital Group Dividend Value ETF by 12.5% during the second quarter. Creative Planning now owns 33,817 shares of the company’s stock valued at $1,335,000 after buying an additional 3,747 shares during the last quarter. Franklin Resources Inc. bought a new position in Capital Group Dividend Value ETF during the second quarter valued at approximately $226,000. CreativeOne Wealth LLC purchased a new position in Capital Group Dividend Value ETF during the 2nd quarter valued at approximately $203,000. Finally, Russell Investments Group Ltd. increased its stake in Capital Group Dividend Value ETF by 24.9% in the 2nd quarter. Russell Investments Group Ltd. now owns 4,638 shares of the company’s stock worth $183,000 after acquiring an additional 925 shares during the last quarter.

Capital Group Dividend Value ETF Price Performance

Shares of CGDV opened at $41.70 on Friday. The stock has a market capitalization of $26.63 billion, a price-to-earnings ratio of 26.59 and a beta of 0.89. Capital Group Dividend Value ETF has a 1 year low of $30.94 and a 1 year high of $46.01. The business’s 50 day simple moving average is $44.57 and its 200-day simple moving average is $43.52.

About Capital Group Dividend Value ETF

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.