Capital Group Dividend Value (CGDV) Buys $146.3 Million More AMAT on Nov. 2

This article first appeared on GuruFocus.

In ETF activity on Monday, Capital Group Dividend Value ETF (CGDV) increased 35 positions and trimmed 14, with gross trades of $1.20 billion against $38.77 billion in assets. CGDV bought $146.3 million of Applied Materials and $135.8 million of FTAI Aviation, but net sales came to $328.8 million as it cut $558.0 million of Alphabet.

What did CGDV buy on Monday?

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Its largest buys by dollar value were AMAT ($146.3 million), FTAI ($135.8 million) and GLW ($78.0 million).

Stock

Shares changed

Value

Position

APPLIED MATERIALS INC COMMON STOCK USD.01 (AMAT)

+390,755

$146.3M

2.01% of fund

FTAI AVIATION LTD COMMON STOCK USD1.0 (FTAI)

+686,628

$135.8M

0.54% of fund

CORNING INC COMMON STOCK USD.5 (GLW)

+633,086

$78.0M

1.09% of fund

META PLATFORMS INC CLASS A COMMON STOCK USD.000006 (META)

+93,533

$56.7M

3.94% of fund

NVIDIA CORP COMMON STOCK USD.001 (NVDA)

+83,889

$17.0M

6.51% of fund

What did CGDV sell on Monday?

Its largest sells by dollar value were GOOGL ($558.0 million), RCL ($43.0 million) and LLY ($37.5 million).

Stock

Shares changed

Value

Position

ALPHABET INC CL A COMMON STOCK USD.001 (GOOGL)

-2,000,105

-$558.0M

1.82% of fund

ROYAL CARIBBEAN CRUISES LTD COMMON STOCK USD.01 (RCL)

-134,082

-$43.0M

1.97% of fund

ELI LILLY + CO COMMON STOCK (LLY)

-26,566

-$37.5M

2.25% of fund

APPLE INC COMMON STOCK USD.00001 (AAPL)

-103,514

-$35.0M

1.98% of fund

MICROSOFT CORP COMMON STOCK USD.00000625 (MSFT)

-51,891

-$26.3M

6.77% of fund

The largest buys were Applied Materials at $146.3 million, lifting its weight to 2.01%, and FTAI Aviation at $135.8 million, now 0.54% of the fund. Corning followed at $78.0 million, with smaller additions to Meta Platforms ($56.7 million) and NVIDIA ($17.0 million). On the sell side, Alphabet led at $558.0 million, leaving a 1.82% weight, ahead of Royal Caribbean at $43.0 million and Eli Lilly at $37.5 million. None of the largest trades was a new position or a full exit.

How does CGDV invest?

CGDV is an Equity US Income fund holding 52 stocks, with 39.8% of assets in its 10 largest holdings. Technology is the biggest sector at 34.9% of classified stocks, then Industrials at 14.5% and Consumer Cyclical at 11.3%, and the portfolio is 100.0% large-cap. It charges 0.33% and its top holdings are Microsoft (6.77%), NVIDIA (6.51%), Broadcom (4.52%), Meta Platforms (3.94%) and RTX (3.48%). The fund has a GF Score of 88, a P/E of 23.62, a P/B of 4.58, a dividend yield of 1.25% and a year-to-date return of 12.97%.

Capital Group Dividend Value ETF (CGDV) at a glance

Measure

Value

What should investors watch next for CGDV?

Watch whether CGDV keeps rebuilding its Applied Materials and FTAI Aviation stakes, and whether further Alphabet sales push that position lower in the next holdings update.

Based on holdings changes reported by Capital Group Dividend Value ETF (CGDV) for Nov. 2, 2026, US-listed stocks only.