CPA Asset Management LLC Raises Stock Holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

CPA Asset Management LLC grew its stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 5.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 18,551 shares of the company’s stock after acquiring an additional 955 shares during the quarter. CPA Asset Management LLC’s holdings in Capital Group Dividend Value ETF were worth $654,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. LPL Financial LLC lifted its position in Capital Group Dividend Value ETF by 26.8% during 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. Benjamin Edwards Inc. purchased a new position in Capital Group Dividend Value ETF during the third quarter worth about $21,765,000. Financial Services Advisory Inc lifted its position in Capital Group Dividend Value ETF by 115.3% during the third quarter. Financial Services Advisory Inc now owns 971,968 shares of the company’s stock worth $35,419,000 after buying an additional 520,531 shares during the period. Royal Harbor Partners LLC purchased a new position in Capital Group Dividend Value ETF during the third quarter worth about $15,939,000. Finally, Private Advisor Group LLC lifted its position in Capital Group Dividend Value ETF by 39.8% during the fourth quarter. Private Advisor Group LLC now owns 1,481,090 shares of the company’s stock worth $52,223,000 after buying an additional 421,804 shares during the period.

Capital Group Dividend Value ETF Trading Up 0.0 %

NYSEARCA CGDV opened at $36.83 on Wednesday. The business’s 50-day moving average price is $36.23 and its 200 day moving average price is $36.14. Capital Group Dividend Value ETF has a twelve month low of $30.95 and a twelve month high of $37.38. The company has a market capitalization of $8.39 billion, a PE 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.