Wealth Enhancement Advisory Services LLC Cuts Stock Holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Wealth Enhancement Advisory Services LLC lowered its stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 0.0% during the fourth quarter, HoldingsChannel.com reports. The firm owned 1,372,811 shares of the company’s stock after selling 418 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Capital Group Dividend Value ETF were worth $50,025,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Headlands Technologies LLC purchased a new position in Capital Group Dividend Value ETF during the second quarter worth approximately $27,000. Hershey Financial Advisers LLC purchased a new position in Capital Group Dividend Value ETF during the second quarter worth approximately $36,000. Cassady Schiller Wealth Management LLC purchased a new position in Capital Group Dividend Value ETF during the third quarter worth approximately $83,000. Ashton Thomas Private Wealth LLC purchased a new position in Capital Group Dividend Value ETF during the second quarter worth approximately $88,000. Finally, Mather Group LLC. raised its stake in Capital Group Dividend Value ETF by 36.7% during the third quarter. Mather Group LLC. now owns 3,464 shares of the company’s stock worth $126,000 after purchasing an additional 930 shares during the period.

Capital Group Dividend Value ETF Stock Down 1.5 %

NYSEARCA:CGDV opened at $34.95 on Friday. The firm’s 50 day moving average is $36.19 and its two-hundred day moving average is $35.47. Capital Group Dividend Value ETF has a fifty-two week low of $29.23 and a fifty-two week high of $37.17. The company has a market cap of $7.97 billion, a P/E 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.