Capital Group Dividend Value ETF $CGDV Shares Acquired by Uptick Partners LLC

Uptick Partners LLC increased its holdings in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 33.4% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 115,601 shares of the company’s stock after buying an additional 28,922 shares during the period. Capital Group Dividend Value ETF comprises approximately 1.0% of Uptick Partners LLC’s investment portfolio, making the stock its 23rd largest holding. Uptick Partners LLC’s holdings in Capital Group Dividend Value ETF were worth $4,918,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in CGDV. Pflug Koory LLC acquired a new position in Capital Group Dividend Value ETF during the fourth quarter worth $25,000. Triumph Capital Management purchased a new stake in shares of Capital Group Dividend Value ETF during the third quarter worth about $32,000. Bay Harbor Wealth Management LLC acquired a new position in shares of Capital Group Dividend Value ETF during the 4th quarter worth about $32,000. Tucker Asset Management LLC acquired a new position in shares of Capital Group Dividend Value ETF during the 4th quarter worth about $32,000. Finally, Flagship Wealth Advisors LLC acquired a new position in shares of Capital Group Dividend Value ETF during the 4th quarter worth about $32,000.

Capital Group Dividend Value ETF Stock Performance

CGDV stock opened at $49.50 on Monday. Capital Group Dividend Value ETF has a 12-month low of $39.87 and a 12-month high of $49.55. The stock has a market cap of $36.89 billion, a price-to-earnings ratio of 26.59 and a beta of 0.88. The business’s 50-day moving average is $48.32 and its 200 day moving average is $45.85.

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.