Capital Group Dividend Value ETF $CGDV Holdings Raised by Latitude Advisors LLC

Latitude Advisors LLC increased its position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 15.1% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 87,468 shares of the company’s stock after acquiring an additional 11,498 shares during the period. Capital Group Dividend Value ETF makes up about 1.7% of Latitude Advisors LLC’s investment portfolio, making the stock its 8th biggest position. Latitude Advisors LLC’s holdings in Capital Group Dividend Value ETF were worth $3,721,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of CGDV. AQR Capital Management LLC purchased a new stake in Capital Group Dividend Value ETF during the first quarter worth $236,000. Franklin Resources Inc. acquired a new position in shares of Capital Group Dividend Value ETF during the 2nd quarter worth $226,000. Russell Investments Group Ltd. boosted its position in shares of 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 buying an additional 925 shares in the last quarter. Brown Advisory Inc. boosted its position in shares of Capital Group Dividend Value ETF by 22.7% in the 2nd quarter. Brown Advisory Inc. now owns 22,270 shares of the company’s stock worth $879,000 after buying an additional 4,118 shares in the last quarter. Finally, Sei Investments Co. grew its stake in Capital Group Dividend Value ETF by 21.1% in the 2nd quarter. Sei Investments Co. now owns 1,169,992 shares of the company’s stock valued at $46,203,000 after acquiring an additional 203,772 shares during the last quarter.

Capital Group Dividend Value ETF Stock Performance

NYSEARCA:CGDV opened at $48.95 on Friday. The firm has a 50-day moving average price of $48.01 and a two-hundred day moving average price of $45.63. Capital Group Dividend Value ETF has a twelve month low of $39.76 and a twelve month high of $49.44. The company has a market capitalization of $36.89 billion, a P/E 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.