Capital Group Dividend Value ETF (NYSEARCA:CGDV) Shares Acquired by Financial Perspectives Inc

Financial Perspectives Inc raised its position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 67.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 7,295 shares of the company’s stock after purchasing an additional 2,950 shares during the quarter. Financial Perspectives Inc’s holdings in Capital Group Dividend Value ETF were worth $218,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Raymond James Financial Services Advisors Inc. boosted its holdings in shares of Capital Group Dividend Value ETF by 23.5% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 7,283,139 shares of the company’s stock worth $217,329,000 after acquiring an additional 1,385,299 shares in the last quarter. LPL Financial LLC lifted its position in shares of Capital Group Dividend Value ETF by 20.6% during the 3rd quarter. LPL Financial LLC now owns 6,795,375 shares of the company’s stock valued at $179,874,000 after acquiring an additional 1,161,371 shares during the period. Envestnet Asset Management Inc. increased its stake in shares of Capital Group Dividend Value ETF by 143.1% in the 3rd quarter. Envestnet Asset Management Inc. now owns 5,507,402 shares of the company’s stock valued at $145,781,000 after purchasing an additional 3,242,240 shares during the last quarter. Raymond James & Associates lifted its stake in Capital Group Dividend Value ETF by 12.8% in 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 during the last quarter. Finally, Confluence Wealth Services Inc. raised its holdings in Capital Group Dividend Value ETF by 71.8% during the 4th quarter. Confluence Wealth Services Inc. now owns 3,462,094 shares of the company’s stock worth $103,309,000 after purchasing an additional 1,446,779 shares during the last quarter.

Capital Group Dividend Value ETF Stock Performance

Capital Group Dividend Value ETF stock traded up $0.54 during mid-day trading on Tuesday, reaching $31.90. The stock had a trading volume of 2,803,286 shares, compared to its average volume of 1,474,317. The firm has a market capitalization of $7.01 billion, a PE ratio of 21.74 and a beta of 0.91. The stock’s 50-day simple moving average is $31.63 and its 200-day simple moving average is $29.61. Capital Group Dividend Value ETF has a fifty-two week low of $24.86 and a fifty-two week high of $32.74.

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.