Capital Group Dividend Value ETF (NYSEARCA:CGDV) Sees Unusually-High Trading Volume

Capital Group Dividend Value ETF (NYSEARCA:CGDVGet Free Report) shares saw an uptick in trading volume on Thursday . 1,287,740 shares were traded during mid-day trading, a decline of 7% from the previous session’s volume of 1,381,724 shares.The stock last traded at $32.47 and had previously closed at $32.48.

Capital Group Dividend Value ETF Stock Down 0.2 %

The company has a market cap of $3.25 billion, a price-to-earnings ratio of 17.83 and a beta of 0.91. The stock’s 50-day simple moving average is $30.94 and its 200 day simple moving average is $28.89.

Institutional Trading of Capital Group Dividend Value ETF

A number of large investors have recently made changes to their positions in the company. ICA Group Wealth Management LLC increased its stake in shares of Capital Group Dividend Value ETF by 77.0% during the fourth quarter. ICA Group Wealth Management LLC now owns 18,807 shares of the company’s stock worth $561,000 after buying an additional 8,184 shares during the period. Transcendent Capital Group LLC purchased a new stake in shares of Capital Group Dividend Value ETF during the fourth quarter worth approximately $33,000. Raleigh Capital Management Inc. purchased a new position in Capital Group Dividend Value ETF in the fourth quarter valued at approximately $61,000. Burford Brothers Inc. purchased a new position in Capital Group Dividend Value ETF in the fourth quarter valued at approximately $520,000. Finally, Harbour Investments Inc. increased its stake in Capital Group Dividend Value ETF by 25.2% in the fourth quarter. Harbour Investments Inc. now owns 183,803 shares of the company’s stock valued at $5,485,000 after purchasing an additional 37,015 shares during the last quarter.

Capital Group Dividend Value ETF Company Profile

(Get Free Report)

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.

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