Ausdal Financial Partners Inc. Boosts Holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Ausdal Financial Partners Inc. raised its stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 4.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 89,494 shares of the company’s stock after acquiring an additional 3,405 shares during the quarter. Ausdal Financial Partners Inc.’s holdings in Capital Group Dividend Value ETF were worth $3,156,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Raymond James Financial Inc. bought a new position in Capital Group Dividend Value ETF during the fourth quarter valued at $601,244,000. LPL Financial LLC raised its stake in Capital Group Dividend Value ETF by 36.0% in the 4th 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 period. Jones Financial Companies Lllp lifted its holdings in Capital Group Dividend Value ETF by 73.0% during the fourth quarter. Jones Financial Companies Lllp now owns 2,685,061 shares of the company’s stock valued at $94,675,000 after purchasing an additional 1,132,566 shares during the last quarter. Commonwealth Equity Services LLC lifted its holdings in Capital Group Dividend Value ETF by 14.3% during the fourth quarter. Commonwealth Equity Services LLC now owns 8,065,081 shares of the company’s stock valued at $284,375,000 after purchasing an additional 1,008,536 shares during the last quarter. Finally, Kestra Advisory Services LLC boosted its position in Capital Group Dividend Value ETF by 23.2% during the fourth quarter. Kestra Advisory Services LLC now owns 3,697,300 shares of the company’s stock worth $130,367,000 after purchasing an additional 696,412 shares during the period.

Capital Group Dividend Value ETF Stock Up 0.2 %

NYSEARCA CGDV opened at $36.54 on Wednesday. The firm has a market cap of $14.48 billion, a P/E ratio of 24.80 and a beta of 0.90. The company’s 50 day moving average is $36.52 and its 200-day moving average is $36.30. Capital Group Dividend Value ETF has a 12-month low of $31.03 and a 12-month high of $37.38.

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.