Bouvel Investment Partners LLC Raises Holdings in Capital Group Dividend Value ETF $CGDV

Bouvel Investment Partners LLC increased its stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV – Free Report) by 6.6% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 292,611 shares of the company’s stock after buying an additional 18,109 shares during the period. Capital Group Dividend Value ETF accounts for about 3.3% of Bouvel Investment Partners LLC’s holdings, making the stock its 5th largest holding. Bouvel Investment Partners LLC’s holdings in Capital Group Dividend Value ETF were worth $14,420,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in CGDV. AQR Capital Management LLC purchased a new position in Capital Group Dividend Value ETF during the first quarter valued at $236,000. Franklin Resources Inc. purchased a new stake in shares of Capital Group Dividend Value ETF in the second quarter worth $226,000. Russell Investments Group Ltd. increased its holdings in shares of Capital Group Dividend Value ETF by 24.9% during the second 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. increased its holdings in shares of Capital Group Dividend Value ETF by 22.7% during the second 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. raised its position in shares of 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 worth $46,203,000 after purchasing an additional 203,772 shares during the last quarter.

Capital Group Dividend Value ETF Price Performance

Shares of Capital Group Dividend Value ETF stock opened at $51.25 on Thursday. The stock has a market cap of $38.87 billion, a price-to-earnings ratio of 26.59 and a beta of 0.88. The firm’s 50-day moving average is $49.18 and its 200 day moving average is $46.74. Capital Group Dividend Value ETF has a 1 year low of $40.64 and a 1 year high of $51.49.

About Capital Group Dividend Value ETF

(Free Report)

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.

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