Capital Group Dividend Value ETF (NYSEARCA:CGDV) Shares Sold by Financial Advocates Investment Management

Financial Advocates Investment Management lessened its position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 3.3% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 206,624 shares of the company’s stock after selling 7,137 shares during the period. Financial Advocates Investment Management owned approximately 0.09% of Capital Group Dividend Value ETF worth $7,286,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in the business. Creative Planning grew its holdings in Capital Group Dividend Value ETF by 27.8% during the second quarter. Creative Planning now owns 20,653 shares of the company’s stock worth $682,000 after acquiring an additional 4,493 shares during the period. Mather Group LLC. boosted its holdings 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 buying an additional 930 shares in the last quarter. Dynamic Advisor Solutions LLC grew its position in Capital Group Dividend Value ETF by 6.3% during the third quarter. Dynamic Advisor Solutions LLC now owns 181,830 shares of the company’s stock worth $6,626,000 after buying an additional 10,814 shares during the period. Olistico Wealth LLC lifted its position in shares of Capital Group Dividend Value ETF by 17.0% during the 3rd quarter. Olistico Wealth LLC now owns 134,657 shares of the company’s stock valued at $4,907,000 after acquiring an additional 19,546 shares during the period. Finally, Brookstone Capital Management purchased a new stake in shares of Capital Group Dividend Value ETF during the 3rd quarter worth approximately $2,251,000.

Capital Group Dividend Value ETF Stock Performance

Shares of CGDV stock opened at $36.90 on Thursday. Capital Group Dividend Value ETF has a 1 year low of $29.86 and a 1 year high of $37.17. The stock has a market cap of $8.41 billion, a PE ratio of 22.38 and a beta of 0.92. The stock has a fifty day moving average price of $36.08 and a 200 day moving average price of $35.83.

Capital Group Dividend Value ETF 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.