United Advisor Group LLC Raises Holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

United Advisor Group LLC increased its stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 32.1% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,548 shares of the company’s stock after purchasing an additional 2,322 shares during the period. United Advisor Group LLC’s holdings in Capital Group Dividend Value ETF were worth $348,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Moloney Securities Asset Management LLC raised its stake in Capital Group Dividend Value ETF by 64.9% in the 3rd quarter. Moloney Securities Asset Management LLC now owns 33,898 shares of the company’s stock valued at $1,235,000 after purchasing an additional 13,345 shares during the last quarter. World Equity Group Inc. purchased a new position in shares of Capital Group Dividend Value ETF during the 3rd quarter worth $266,000. New England Capital Financial Advisors LLC boosted its holdings in shares of Capital Group Dividend Value ETF by 67.6% during the third quarter. New England Capital Financial Advisors LLC now owns 29,894 shares of the company’s stock worth $1,089,000 after purchasing an additional 12,057 shares during the last quarter. Lodestone Wealth Management LLC grew its holdings in Capital Group Dividend Value ETF by 28.1% in the 3rd quarter. Lodestone Wealth Management LLC now owns 115,724 shares of the company’s stock valued at $4,217,000 after buying an additional 25,397 shares during the period. Finally, Latitude Advisors LLC increased its stake in shares of Capital Group Dividend Value ETF by 9.7% during the 3rd quarter. Latitude Advisors LLC now owns 42,380 shares of the company’s stock valued at $1,544,000 after acquiring an additional 3,733 shares during the last quarter.

Capital Group Dividend Value ETF Stock Performance

CGDV opened at $36.92 on Thursday. The stock has a market capitalization of $8.41 billion, a PE ratio of 22.38 and a beta of 0.92. Capital Group Dividend Value ETF has a 1 year low of $26.71 and a 1 year high of $37.17. The company’s 50 day simple moving average is $36.09 and its 200 day simple moving average is $34.36.

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.