Capital Group Dividend Value ETF $CGDV Holdings Lowered by Integrated Advisors Network LLC

Integrated Advisors Network LLC reduced its stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 34.4% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 22,309 shares of the company’s stock after selling 11,681 shares during the period. Integrated Advisors Network LLC’s holdings in Capital Group Dividend Value ETF were worth $949,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Investment Advisory Services Group LLC increased its stake in shares of Capital Group Dividend Value ETF by 93.7% during the first quarter. Investment Advisory Services Group LLC now owns 149,796 shares of the company’s stock valued at $6,372,000 after acquiring an additional 72,452 shares during the period. Cypress Capital LLC bought a new position in Capital Group Dividend Value ETF during the 1st quarter valued at $223,000. Compton Financial Group LLC boosted its stake in Capital Group Dividend Value ETF by 2,016.1% during the 1st quarter. Compton Financial Group LLC now owns 202,591 shares of the company’s stock valued at $8,618,000 after purchasing an additional 193,017 shares in the last quarter. Bogart Wealth LLC increased its position in shares of Capital Group Dividend Value ETF by 0.8% during the 1st quarter. Bogart Wealth LLC now owns 2,398,601 shares of the company’s stock valued at $102,036,000 after purchasing an additional 19,031 shares during the period. Finally, Stephens Inc. AR increased its position in shares of Capital Group Dividend Value ETF by 31.6% during the 1st quarter. Stephens Inc. AR now owns 243,024 shares of the company’s stock valued at $10,338,000 after purchasing an additional 58,399 shares during the period.

Capital Group Dividend Value ETF Stock Performance

CGDV opened at $48.71 on Thursday. The company has a market capitalization of $36.09 billion, a PE ratio of 26.59 and a beta of 0.88. The stock’s fifty day moving average is $48.18 and its 200-day moving average is $45.77. Capital Group Dividend Value ETF has a one year low of $39.87 and a one year high of $49.44.

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.