Professional Financial Advisors LLC Raises Stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Professional Financial Advisors LLC lifted its stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 1.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 32,882 shares of the company’s stock after purchasing an additional 383 shares during the period. Professional Financial Advisors LLC’s holdings in Capital Group Dividend Value ETF were worth $1,159,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Harbor Investment Advisory LLC increased its holdings in Capital Group Dividend Value ETF by 2.1% in the third quarter. Harbor Investment Advisory LLC now owns 14,600 shares of the company’s stock valued at $532,000 after buying an additional 300 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. raised its holdings in 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 purchasing an additional 304 shares during the last quarter. Peapack Gladstone Financial Corp boosted its position in Capital Group Dividend Value ETF by 0.5% during the third quarter. Peapack Gladstone Financial Corp now owns 80,610 shares of the company’s stock worth $2,937,000 after purchasing an additional 440 shares in the last quarter. Financial Perspectives Inc grew its holdings 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 during the last quarter. Finally, Financial Council LLC raised its stake in shares of Capital Group Dividend Value ETF by 1.5% during the 3rd quarter. Financial Council LLC now owns 31,514 shares of the company’s stock worth $1,148,000 after buying an additional 473 shares during the last quarter.

Capital Group Dividend Value ETF Trading Up 0.3 %

NYSEARCA:CGDV opened at $35.05 on Tuesday. Capital Group Dividend Value ETF has a twelve month low of $29.23 and a twelve month high of $37.17. The company has a market capitalization of $7.99 billion, a P/E ratio of 22.38 and a beta of 0.92. The firm has a 50-day moving average price of $36.15 and a two-hundred day moving average price of $35.53.

About Capital Group Dividend Value ETF

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.