Kovack Advisors Inc. Has $481,000 Stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Kovack Advisors Inc. increased its stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 81.7% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 13,202 shares of the company’s stock after buying an additional 5,936 shares during the quarter. Kovack Advisors Inc.’s holdings in Capital Group Dividend Value ETF were worth $481,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Harbor Investment Advisory LLC lifted its position in Capital Group Dividend Value ETF by 2.1% in the 3rd quarter. Harbor Investment Advisory LLC now owns 14,600 shares of the company’s stock worth $532,000 after buying an additional 300 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. raised its holdings in shares of Capital Group Dividend Value ETF by 7.3% during the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 4,475 shares of the company’s stock worth $163,000 after acquiring an additional 304 shares in the last quarter. Lion Street Advisors LLC boosted its position in Capital Group Dividend Value ETF by 4.2% during the second quarter. Lion Street Advisors LLC now owns 9,575 shares of the company’s stock valued at $316,000 after purchasing an additional 384 shares during the last quarter. Financial Perspectives Inc grew its stake in Capital Group Dividend Value ETF by 6.3% in the second quarter. Financial Perspectives Inc now owns 7,906 shares of the company’s stock valued at $261,000 after purchasing an additional 468 shares in the last quarter. Finally, Clear Point Advisors Inc. increased its position in Capital Group Dividend Value ETF by 1.6% in the 1st quarter. Clear Point Advisors Inc. now owns 37,100 shares of the company’s stock worth $1,206,000 after purchasing an additional 583 shares during the last quarter.

Capital Group Dividend Value ETF Price Performance

CGDV opened at $36.30 on Friday. The company has a market capitalization of $8.27 billion, a PE ratio of 22.38 and a beta of 0.92. Capital Group Dividend Value ETF has a fifty-two week low of $27.59 and a fifty-two week high of $37.17. The business has a 50-day moving average of $36.28 and a 200-day moving average of $34.57.

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.