Flagship Harbor Advisors LLC Purchases New Shares in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Flagship Harbor Advisors LLC acquired a new position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) in the 4th quarter, Holdings Channel reports. The firm acquired 33,611 shares of the company’s stock, valued at approximately $1,185,000.

A number of other large investors have also recently modified their holdings of the stock. LPL Financial LLC lifted its holdings in Capital Group Dividend Value ETF by 26.8% in the third quarter. LPL Financial LLC now owns 16,169,046 shares of the company’s stock worth $589,200,000 after buying an additional 3,415,106 shares during the period. Advance Capital Management Inc. lifted its stake in shares of Capital Group Dividend Value ETF by 0.4% in the 4th quarter. Advance Capital Management Inc. now owns 10,826,570 shares of the company’s stock valued at $381,745,000 after purchasing an additional 40,491 shares during the period. Northwestern Mutual Wealth Management Co. boosted its position in shares of Capital Group Dividend Value ETF by 7.7% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 8,864,888 shares of the company’s stock valued at $292,541,000 after purchasing an additional 630,942 shares in the last quarter. Commonwealth Equity Services LLC grew its stake in Capital Group Dividend Value ETF by 18.9% in the third quarter. Commonwealth Equity Services LLC now owns 7,056,545 shares of the company’s stock worth $257,140,000 after purchasing an additional 1,121,465 shares during the period. Finally, Raymond James & Associates raised its holdings in Capital Group Dividend Value ETF by 19.9% in the third quarter. Raymond James & Associates now owns 6,654,717 shares of the company’s stock worth $242,498,000 after purchasing an additional 1,104,402 shares in the last quarter.

Capital Group Dividend Value ETF Trading Up 0.1 %

Shares of CGDV stock opened at $36.64 on Monday. The company’s fifty day moving average price is $36.04 and its 200-day moving average price is $35.70. The stock has a market cap of $8.35 billion, a PE ratio of 22.38 and a beta of 0.92. Capital Group Dividend Value ETF has a 12 month low of $29.85 and a 12 month high of $37.17.

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.