Capital Group Dividend Value ETF $CGDV Position Boosted by Park National Corp OH

Park National Corp OH grew its holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 2.4% during the first quarter, Holdings Channel.com reports. The firm owned 934,689 shares of the company’s stock after buying an additional 21,463 shares during the period. Capital Group Dividend Value ETF comprises about 1.2% of Park National Corp OH’s portfolio, making the stock its 21st biggest holding. Park National Corp OH’s holdings in Capital Group Dividend Value ETF were worth $39,762,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the stock. LPL Financial LLC grew its position in Capital Group Dividend Value ETF by 20.7% during the fourth quarter. LPL Financial LLC now owns 63,490,640 shares of the company’s stock valued at $2,770,731,000 after purchasing an additional 10,904,954 shares in the last quarter. Raymond James Financial Inc. lifted its position in Capital Group Dividend Value ETF by 6.6% in the 4th quarter. Raymond James Financial Inc. now owns 23,591,243 shares of the company’s stock worth $1,029,522,000 after buying an additional 1,465,566 shares in the last quarter. Capital International Investors lifted its position in Capital Group Dividend Value ETF by 1.8% in the 4th quarter. Capital International Investors now owns 22,899,119 shares of the company’s stock worth $999,318,000 after buying an additional 397,762 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in Capital Group Dividend Value ETF by 12.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 18,754,937 shares of the company’s stock worth $818,465,000 after buying an additional 2,061,385 shares in the last quarter. Finally, Cetera Investment Advisers boosted its stake in shares of Capital Group Dividend Value ETF by 14.5% during the 4th quarter. Cetera Investment Advisers now owns 16,399,426 shares of the company’s stock valued at $715,671,000 after buying an additional 2,082,860 shares during the period.

Capital Group Dividend Value ETF Price Performance

Capital Group Dividend Value ETF stock opened at $48.99 on Friday. The company’s fifty day simple moving average is $47.32 and its 200-day simple moving average is $45.26. Capital Group Dividend Value ETF has a 12 month low of $38.00 and a 12 month high of $49.43. The stock has a market cap of $35.33 billion, a P/E ratio of 26.59 and a beta of 0.89.

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.