D.A. Davidson & CO. Has $13.63 Million Stock Position in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

D.A. Davidson & CO. lifted its stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 27.6% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 386,417 shares of the company’s stock after purchasing an additional 83,617 shares during the quarter. D.A. Davidson & CO. owned 0.17% of Capital Group Dividend Value ETF worth $13,625,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. LPL Financial LLC grew its holdings in shares of Capital Group Dividend Value ETF by 26.8% during the 3rd quarter. LPL Financial LLC now owns 16,169,046 shares of the company’s stock worth $589,200,000 after purchasing an additional 3,415,106 shares in the last quarter. Advance Capital Management Inc. boosted its stake in Capital Group Dividend Value ETF by 0.4% in the fourth quarter. Advance Capital Management Inc. now owns 10,826,570 shares of the company’s stock valued at $381,745,000 after buying an additional 40,491 shares in the last quarter. Confluence Wealth Services Inc. boosted its stake in Capital Group Dividend Value ETF by 9.0% in the fourth quarter. Confluence Wealth Services Inc. now owns 4,708,770 shares of the company’s stock valued at $172,341,000 after buying an additional 388,981 shares in the last quarter. MML Investors Services LLC boosted its stake in Capital Group Dividend Value ETF by 8.1% in the third quarter. MML Investors Services LLC now owns 3,273,939 shares of the company’s stock valued at $119,302,000 after buying an additional 246,437 shares in the last quarter. Finally, Johnson Bixby & Associates LLC boosted its stake in Capital Group Dividend Value ETF by 2.7% in the fourth quarter. Johnson Bixby & Associates LLC now owns 1,988,521 shares of the company’s stock valued at $70,115,000 after buying an additional 51,838 shares in the last quarter.

Capital Group Dividend Value ETF Stock Up 0.0 %

NYSEARCA:CGDV opened at $37.21 on Wednesday. The stock’s 50-day simple moving average is $36.15 and its 200 day simple moving average is $36.02. The firm has a market capitalization of $8.48 billion, a PE ratio of 22.38 and a beta of 0.92. Capital Group Dividend Value ETF has a twelve month low of $30.28 and a twelve month high of $37.38.

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.