Ashton Thomas Securities LLC Has $2.53 Million Stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Ashton Thomas Securities LLC boosted its position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 8.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 71,634 shares of the company’s stock after purchasing an additional 5,605 shares during the period. Ashton Thomas Securities LLC’s holdings in Capital Group Dividend Value ETF were worth $2,526,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of CGDV. Modern Wealth Management LLC grew its holdings in shares of Capital Group Dividend Value ETF by 484.2% during the fourth quarter. Modern Wealth Management LLC now owns 485,400 shares of the company’s stock worth $18,023,000 after purchasing an additional 402,308 shares during the last quarter. Woodmont Investment Counsel LLC boosted its position in Capital Group Dividend Value ETF by 40.9% during the 4th quarter. Woodmont Investment Counsel LLC now owns 34,175 shares of the company’s stock worth $1,205,000 after buying an additional 9,924 shares during the period. Congress Wealth Management LLC DE bought a new stake in Capital Group Dividend Value ETF during the 4th quarter worth approximately $205,000. Paces Ferry Wealth Advisors LLC acquired a new position in Capital Group Dividend Value ETF in the 4th quarter valued at approximately $203,000. Finally, LPL Financial LLC raised its stake in shares of Capital Group Dividend Value ETF by 36.0% during the fourth quarter. LPL Financial LLC now owns 21,983,627 shares of the company’s stock valued at $775,143,000 after acquiring an additional 5,814,581 shares during the last quarter.

Capital Group Dividend Value ETF Stock Performance

Shares of NYSEARCA:CGDV opened at $36.47 on Tuesday. Capital Group Dividend Value ETF has a 52 week low of $31.03 and a 52 week high of $37.38. The firm has a market cap of $14.45 billion, a PE ratio of 24.80 and a beta of 0.90. The firm’s fifty day moving average is $36.49 and its 200-day moving average is $36.29.

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.