Capital Group Dividend Value ETF (NYSEARCA:CGDV) Shares Bought by Private Advisor Group LLC

Private Advisor Group LLC raised its holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 35.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 508,207 shares of the company’s stock after purchasing an additional 132,987 shares during the quarter. Private Advisor Group LLC owned 0.51% of Capital Group Dividend Value ETF worth $15,165,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in CGDV. Raymond James Financial Services Advisors Inc. boosted its stake in shares of Capital Group Dividend Value ETF by 23.5% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 7,283,139 shares of the company’s stock worth $217,329,000 after buying an additional 1,385,299 shares during the last quarter. LPL Financial LLC boosted its position in Capital Group Dividend Value ETF by 20.6% in the 3rd quarter. LPL Financial LLC now owns 6,795,375 shares of the company’s stock worth $179,874,000 after purchasing an additional 1,161,371 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in shares of Capital Group Dividend Value ETF by 143.1% during the 3rd quarter. Envestnet Asset Management Inc. now owns 5,507,402 shares of the company’s stock worth $145,781,000 after purchasing an additional 3,242,240 shares during the period. Raymond James & Associates increased its holdings in shares of Capital Group Dividend Value ETF by 12.8% during the 4th quarter. Raymond James & Associates now owns 4,124,429 shares of the company’s stock valued at $123,073,000 after purchasing an additional 468,938 shares in the last quarter. Finally, Commonwealth Equity Services LLC lifted its stake in shares of Capital Group Dividend Value ETF by 17.2% in the 4th quarter. Commonwealth Equity Services LLC now owns 3,824,670 shares of the company’s stock valued at $114,128,000 after purchasing an additional 560,690 shares during the period.

Capital Group Dividend Value ETF Stock Performance

NYSEARCA CGDV traded up $0.36 during mid-day trading on Monday, reaching $32.58. 1,536,087 shares of the stock were exchanged, compared to its average volume of 1,481,586. Capital Group Dividend Value ETF has a 1 year low of $24.96 and a 1 year high of $32.74. The business’s 50 day moving average is $31.85 and its 200-day moving average is $29.90. The company has a market capitalization of $7.42 billion, a P/E ratio of 22.38 and a beta of 0.92.

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.