The Capital Group Dividend Value ETF (CGDV) experienced a significant outflow of approximately $947.2 million, marking a 3.3% decrease in shares outstanding over the past week, from 650 million to 628.3 million units. This change was reported today in the ETF Channel’s weekly review.
Currently, CGDV’s share price is $44.04, with a 52-week low of $30.94 and a high of $44.67. Among its notable underlying holdings, Royal Caribbean Group (RCL) is up 1.8%, Carrier Global Corp (CARR) has risen by 2.2%, and Halliburton Company (HAL) is up by 3.6%.
This week-over-week analysis helps investors understand the demand and supply dynamics within ETFs, as significant inflows or outflows can influence the performance of their underlying components.
