Capital Group Dividend Value ETF (NYSEARCA:CGDV) Shares Acquired by New England Capital Financial Advisors LLC

New England Capital Financial Advisors LLC increased its stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 56.0% in the fourth quarter, Holdings Channel reports. The institutional investor owned 46,626 shares of the company’s stock after acquiring an additional 16,732 shares during the quarter. Capital Group Dividend Value ETF accounts for about 0.8% of New England Capital Financial Advisors LLC’s portfolio, making the stock its 18th largest position. New England Capital Financial Advisors LLC’s holdings in Capital Group Dividend Value ETF were worth $1,644,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in CGDV. Creative Planning increased its position in shares of Capital Group Dividend Value ETF by 36.9% in the 3rd quarter. Creative Planning now owns 28,271 shares of the company’s stock worth $1,030,000 after purchasing an additional 7,618 shares during the last quarter. Trueblood Wealth Management LLC raised its stake in Capital Group Dividend Value ETF by 42.8% during the third quarter. Trueblood Wealth Management LLC now owns 16,401 shares of the company’s stock valued at $598,000 after buying an additional 4,918 shares in the last quarter. Convergence Financial LLC acquired a new position in shares of Capital Group Dividend Value ETF in the 3rd quarter worth approximately $253,000. Allworth Financial LP boosted its holdings in Capital Group Dividend Value ETF by 26.8% in the third quarter. Allworth Financial LP now owns 134,410 shares of the company’s stock worth $4,898,000 after purchasing an additional 28,409 shares during the period. Finally, Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Capital Group Dividend Value ETF by 29.8% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 1,373,229 shares of the company’s stock valued at $50,040,000 after buying an additional 315,017 shares during the period.

Capital Group Dividend Value ETF Trading Down 1.3 %

Shares of Capital Group Dividend Value ETF stock opened at $36.83 on Friday. The stock has a market capitalization of $8.39 billion, a price-to-earnings ratio of 22.38 and a beta of 0.92. The business’s 50 day simple moving average is $36.20 and its 200-day simple moving average is $36.08. Capital Group Dividend Value ETF has a twelve month low of $30.72 and a twelve 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.