Marshall Wace LLP Takes Position in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Marshall Wace LLP acquired a new position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 54,212 shares of the company’s stock, valued at approximately $1,789,000.

A number of other hedge funds also recently bought and sold shares of CGDV. Bridgewealth Advisory Group LLC grew its position in Capital Group Dividend Value ETF by 10.9% during the second quarter. Bridgewealth Advisory Group LLC now owns 7,561 shares of the company’s stock valued at $250,000 after buying an additional 745 shares during the period. Thrivent Financial for Lutherans boosted its stake in shares of Capital Group Dividend Value ETF by 8.1% during the 2nd quarter. Thrivent Financial for Lutherans now owns 736,048 shares of the company’s stock worth $24,290,000 after acquiring an additional 55,057 shares during the last quarter. Sei Investments Co. bought a new stake in shares of Capital Group Dividend Value ETF during the 2nd quarter valued at $24,992,000. Benjamin F. Edwards & Company Inc. increased its stake in shares of Capital Group Dividend Value ETF by 33.7% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 525,631 shares of the company’s stock worth $17,346,000 after purchasing an additional 132,608 shares in the last quarter. Finally, Mark Sheptoff Financial Planning LLC raised its holdings in Capital Group Dividend Value ETF by 19.5% in the 2nd quarter. Mark Sheptoff Financial Planning LLC now owns 3,854 shares of the company’s stock worth $127,000 after purchasing an additional 629 shares during the period.

Capital Group Dividend Value ETF Stock Performance

NYSEARCA:CGDV opened at $36.50 on Friday. The stock has a 50-day simple moving average of $35.22 and a two-hundred day simple moving average of $33.66. Capital Group Dividend Value ETF has a 52-week low of $25.47 and a 52-week high of $36.69. The firm has a market capitalization of $8.32 billion, a PE ratio of 22.38 and a beta of 0.92.

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.