Steward Partners Investment Advisory LLC Raises Holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Steward Partners Investment Advisory LLC raised its position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 12.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 239,231 shares of the company’s stock after acquiring an additional 27,111 shares during the period. Steward Partners Investment Advisory LLC’s holdings in Capital Group Dividend Value ETF were worth $8,435,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. US Bancorp DE increased its position in shares of Capital Group Dividend Value ETF by 23.1% in the third quarter. US Bancorp DE now owns 39,358 shares of the company’s stock worth $1,434,000 after acquiring an additional 7,398 shares in the last quarter. Moloney Securities Asset Management LLC lifted its holdings in shares of Capital Group Dividend Value ETF by 64.9% during the 3rd quarter. Moloney Securities Asset Management LLC now owns 33,898 shares of the company’s stock valued at $1,235,000 after acquiring an additional 13,345 shares in the last quarter. United Advisor Group LLC boosted its position in Capital Group Dividend Value ETF by 32.1% during the 3rd quarter. United Advisor Group LLC now owns 9,548 shares of the company’s stock worth $348,000 after purchasing an additional 2,322 shares during the period. Balentine LLC increased its holdings in Capital Group Dividend Value ETF by 20.6% in the 3rd quarter. Balentine LLC now owns 57,619 shares of the company’s stock valued at $2,100,000 after purchasing an additional 9,843 shares in the last quarter. Finally, Beacon Financial Advisory LLC raised its position in Capital Group Dividend Value ETF by 33.2% in the third quarter. Beacon Financial Advisory LLC now owns 200,692 shares of the company’s stock valued at $7,313,000 after purchasing an additional 50,022 shares during the period.

Capital Group Dividend Value ETF Price Performance

Shares of NYSEARCA CGDV opened at $36.67 on Thursday. Capital Group Dividend Value ETF has a 1-year low of $31.03 and a 1-year high of $37.38. The company has a market capitalization of $14.02 billion, a price-to-earnings ratio of 25.21 and a beta of 0.90. The business has a 50-day moving average of $36.33 and a 200-day moving average of $36.22.

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.