WFA of San Diego LLC Buys New Shares in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

WFA of San Diego LLC purchased a new stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 18,185 shares of the company’s stock, valued at approximately $663,000.

Several other large investors have also recently added to or reduced their stakes in the company. LPL Financial LLC increased its position in shares of Capital Group Dividend Value ETF by 26.8% during the third quarter. LPL Financial LLC now owns 16,169,046 shares of the company’s stock valued at $589,200,000 after purchasing an additional 3,415,106 shares during the period. Advance Capital Management Inc. increased its holdings in Capital Group Dividend Value ETF by 18.5% in the 3rd quarter. Advance Capital Management Inc. now owns 10,786,079 shares of the company’s stock valued at $393,045,000 after buying an additional 1,686,328 shares during the period. Raymond James Financial Services Advisors Inc. raised its stake in shares of Capital Group Dividend Value ETF by 6.1% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 9,000,947 shares of the company’s stock valued at $297,031,000 after buying an additional 519,112 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Capital Group Dividend Value ETF by 7.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 8,864,888 shares of the company’s stock worth $292,541,000 after acquiring an additional 630,942 shares during the period. Finally, Envestnet Asset Management Inc. boosted its position in shares of Capital Group Dividend Value ETF by 15.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 8,007,181 shares of the company’s stock valued at $264,237,000 after acquiring an additional 1,042,548 shares in the last quarter.

Capital Group Dividend Value ETF Stock Down 0.3 %

NYSEARCA CGDV opened at $36.81 on Thursday. The stock has a market cap of $8.39 billion, a P/E ratio of 22.38 and a beta of 0.92. Capital Group Dividend Value ETF has a twelve month low of $27.86 and a twelve month high of $37.17. The company’s 50-day simple moving average is $36.47 and its 200 day simple moving average is $34.83.

Capital Group Dividend Value ETF 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.