Sigma Planning Corp Buys 130,999 Shares of Capital Group Dividend Value ETF $CGDV

Sigma Planning Corp raised its stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 46.6% during the first quarter, Holdings Channel reports. The firm owned 411,828 shares of the company’s stock after buying an additional 130,999 shares during the quarter. Capital Group Dividend Value ETF makes up approximately 0.5% of Sigma Planning Corp’s portfolio, making the stock its 28th biggest position. Sigma Planning Corp’s holdings in Capital Group Dividend Value ETF were worth $17,524,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. AQR Capital Management LLC bought a new position in Capital Group Dividend Value ETF in the first quarter worth about $236,000. Franklin Resources Inc. bought a new stake in Capital Group Dividend Value ETF during the 2nd quarter valued at approximately $226,000. Russell Investments Group Ltd. boosted its position in Capital Group Dividend Value ETF by 24.9% during the 2nd quarter. Russell Investments Group Ltd. now owns 4,638 shares of the company’s stock valued at $183,000 after acquiring an additional 925 shares in the last quarter. Brown Advisory Inc. boosted its position in Capital Group Dividend Value ETF by 22.7% during the 2nd quarter. Brown Advisory Inc. now owns 22,270 shares of the company’s stock valued at $879,000 after acquiring an additional 4,118 shares in the last quarter. Finally, Sei Investments Co. grew its holdings in shares of Capital Group Dividend Value ETF by 21.1% during the 2nd quarter. Sei Investments Co. now owns 1,169,992 shares of the company’s stock worth $46,203,000 after acquiring an additional 203,772 shares during the period.

Capital Group Dividend Value ETF Stock Performance

Shares of NYSEARCA:CGDV opened at $49.01 on Wednesday. Capital Group Dividend Value ETF has a 52-week low of $39.87 and a 52-week high of $49.55. The firm has a market capitalization of $36.52 billion, a P/E ratio of 26.59 and a beta of 0.88. The stock has a 50 day moving average price of $48.42 and a 200-day moving average price of $45.92.

Capital Group Dividend Value ETF Company 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.