Geneos Wealth Management Inc. Has $21.29 Million Holdings in Capital Group Dividend Value ETF $CGDV

Geneos Wealth Management Inc. lessened its position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 39.6% in the first quarter, Holdings Channel.com reports. The firm owned 500,476 shares of the company’s stock after selling 328,004 shares during the period. Geneos Wealth Management Inc.’s holdings in Capital Group Dividend Value ETF were worth $21,290,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Sanctuary Advisors LLC lifted its holdings in shares of Capital Group Dividend Value ETF by 5.1% in the first quarter. Sanctuary Advisors LLC now owns 682,503 shares of the company’s stock valued at $29,034,000 after purchasing an additional 33,077 shares in the last quarter. Sigma Planning Corp grew its holdings in shares of Capital Group Dividend Value ETF by 46.6% during the first quarter. Sigma Planning Corp now owns 411,828 shares of the company’s stock worth $17,524,000 after buying an additional 130,999 shares in the last quarter. Cornerstone Advisory LLC bought a new position in shares of Capital Group Dividend Value ETF during the first quarter worth about $5,397,000. Retirement Planning Group LLC raised its position in Capital Group Dividend Value ETF by 200.3% in the 1st quarter. Retirement Planning Group LLC now owns 25,857 shares of the company’s stock valued at $1,100,000 after buying an additional 17,247 shares during the last quarter. Finally, Bleakley Financial Group LLC lifted its stake in Capital Group Dividend Value ETF by 9.1% in the 1st quarter. Bleakley Financial Group LLC now owns 120,309 shares of the company’s stock valued at $5,118,000 after acquiring an additional 10,041 shares in the last quarter.

Capital Group Dividend Value ETF Stock Up 0.6%

NYSEARCA:CGDV opened at $49.30 on Thursday. Capital Group Dividend Value ETF has a twelve month low of $39.87 and a twelve month high of $49.55. The business has a 50 day moving average price of $48.45 and a two-hundred day moving average price of $45.95. The company has a market cap of $36.74 billion, a P/E ratio of 26.59 and a beta of 0.88.

Capital Group Dividend Value ETF 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.