Capital Group Dividend Value ETF (NYSEARCA:CGDV) Shares Acquired by Spire Wealth Management

Spire Wealth Management grew its stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 42.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 38,435 shares of the company’s stock after purchasing an additional 11,379 shares during the period. Spire Wealth Management’s holdings in Capital Group Dividend Value ETF were worth $1,151,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Raymond James Financial Services Advisors Inc. raised its position in Capital Group Dividend Value ETF by 23.5% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 7,283,139 shares of the company’s stock valued at $217,329,000 after acquiring an additional 1,385,299 shares in the last quarter. LPL Financial LLC increased its position in Capital Group Dividend Value ETF by 20.6% during the third quarter. LPL Financial LLC now owns 6,795,375 shares of the company’s stock worth $179,874,000 after buying an additional 1,161,371 shares during the last quarter. Envestnet Asset Management Inc. raised its holdings in Capital Group Dividend Value ETF by 143.1% during the third quarter. Envestnet Asset Management Inc. now owns 5,507,402 shares of the company’s stock valued at $145,781,000 after buying an additional 3,242,240 shares in the last quarter. Raymond James & Associates boosted its stake 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 worth $123,073,000 after acquiring an additional 468,938 shares in the last quarter. Finally, Commonwealth Equity Services LLC increased its holdings in shares of Capital Group Dividend Value ETF by 17.2% during the 4th quarter. Commonwealth Equity Services LLC now owns 3,824,670 shares of the company’s stock valued at $114,128,000 after acquiring an additional 560,690 shares during the last quarter.

Capital Group Dividend Value ETF Trading Down 0.4 %

Shares of Capital Group Dividend Value ETF stock opened at $32.52 on Wednesday. The stock has a market capitalization of $7.41 billion, a price-to-earnings ratio of 22.38 and a beta of 0.92. The firm has a fifty day simple moving average of $31.91 and a 200-day simple moving average of $29.99. Capital Group Dividend Value ETF has a 1-year low of $24.96 and a 1-year high of $32.78.

Capital Group Dividend Value ETF Company 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.