Everpar Advisors LLC Reduces Stake in Capital Group Dividend Value ETF $CGDV

Everpar Advisors LLC reduced its stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 31.1% in the second quarter, Holdings Channel reports. The fund owned 32,427 shares of the company’s stock after selling 14,627 shares during the quarter. Everpar Advisors LLC’s holdings in Capital Group Dividend Value ETF were worth $1,598,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of the stock. Adamsbrown Wealth Consultants LLC lifted its stake in Capital Group Dividend Value ETF by 5.6% in the second quarter. Adamsbrown Wealth Consultants LLC now owns 24,223 shares of the company’s stock valued at $1,194,000 after purchasing an additional 1,283 shares during the last quarter. Gradient Investments LLC purchased a new stake in Capital Group Dividend Value ETF in the second quarter worth $204,000. Thurston Springer Miller Herd & Titak Inc. raised its stake in shares of Capital Group Dividend Value ETF by 17.6% in the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 41,739 shares of the company’s stock valued at $2,057,000 after buying an additional 6,241 shares during the period. Beacon Financial Strategies CORP bought a new stake in shares of Capital Group Dividend Value ETF in the second quarter valued at $79,000. Finally, Strategic Investment Solutions Inc. IL raised its stake in shares of Capital Group Dividend Value ETF by 2.6% in the second quarter. Strategic Investment Solutions Inc. IL now owns 26,707 shares of the company’s stock valued at $1,316,000 after buying an additional 678 shares during the period.

Capital Group Dividend Value ETF Price Performance

Shares of NYSEARCA CGDV opened at $51.30 on Friday. The stock has a market capitalization of $38.91 billion, a PE ratio of 26.59 and a beta of 0.88. Capital Group Dividend Value ETF has a one year low of $40.45 and a one year high of $51.49. The business’s fifty day moving average price is $49.04 and its 200-day moving average price is $46.58.

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.