Renaissance Technologies LLC Cuts Stock Position in Capital Group Dividend Value ETF $CGDV

Renaissance Technologies LLC lessened its holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 33.8% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 61,900 shares of the company’s stock after selling 31,600 shares during the quarter. Renaissance Technologies LLC’s holdings in Capital Group Dividend Value ETF were worth $2,633,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. Greenline Wealth Management LLC boosted its holdings in shares of Capital Group Dividend Value ETF by 3.4% in the 1st quarter. Greenline Wealth Management LLC now owns 143,828 shares of the company’s stock worth $6,118,000 after buying an additional 4,783 shares during the last quarter. American Financial Advisors LLC bought a new stake in Capital Group Dividend Value ETF in the first quarter worth about $260,000. Sei Investments Co. raised its position in Capital Group Dividend Value ETF by 12.2% in the first quarter. Sei Investments Co. now owns 1,842,457 shares of the company’s stock worth $78,378,000 after acquiring an additional 200,755 shares during the period. Cetera Investment Advisers boosted its stake in Capital Group Dividend Value ETF by 12.0% in the first quarter. Cetera Investment Advisers now owns 18,359,294 shares of the company’s stock valued at $781,004,000 after acquiring an additional 1,959,868 shares during the last quarter. Finally, Wealthspire Retirement LLC boosted its stake in Capital Group Dividend Value ETF by 34.9% in the first quarter. Wealthspire Retirement LLC now owns 10,542 shares of the company’s stock valued at $448,000 after acquiring an additional 2,725 shares during the last quarter.

Capital Group Dividend Value ETF Price Performance

Capital Group Dividend Value ETF stock opened at $51.30 on Monday. The firm has a 50 day moving average price of $49.04 and a 200-day moving average price of $46.59. Capital Group Dividend Value ETF has a twelve month low of $40.45 and a twelve month high of $51.49. The company has a market capitalization of $38.91 billion, a P/E ratio of 26.59 and a beta of 0.88.

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.