1,113 Shares in Capital Group Dividend Value ETF (NYSEARCA:CGDV) Purchased by Transcendent Capital Group LLC

Transcendent Capital Group LLC acquired a new stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 1,113 shares of the company’s stock, valued at approximately $33,000.

A number of other institutional investors also recently modified their holdings of CGDV. Raymond James Financial Services Advisors Inc. grew its holdings in Capital Group Dividend Value ETF by 23.5% during 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 during the period. LPL Financial LLC increased its holdings in Capital Group Dividend Value ETF by 20.6% in the third quarter. LPL Financial LLC now owns 6,795,375 shares of the company’s stock valued at $179,874,000 after purchasing an additional 1,161,371 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in Capital Group Dividend Value ETF by 15.0% in the fourth quarter. Envestnet Asset Management Inc. now owns 6,331,512 shares of the company’s stock valued at $188,932,000 after buying an additional 824,110 shares during the period. Raymond James & Associates boosted its holdings in Capital Group Dividend Value ETF by 12.8% during the fourth quarter. Raymond James & Associates now owns 4,124,429 shares of the company’s stock worth $123,073,000 after buying an additional 468,938 shares during the last quarter. Finally, Wells Fargo & Company MN boosted its holdings in Capital Group Dividend Value ETF by 117.2% during the fourth quarter. Wells Fargo & Company MN now owns 4,098,283 shares of the company’s stock worth $122,293,000 after buying an additional 2,211,266 shares during the last quarter.

Capital Group Dividend Value ETF Trading Down 0.2 %

Shares of CGDV stock traded down $0.05 on Friday, reaching $33.03. The company had a trading volume of 1,301,063 shares, compared to its average volume of 1,584,724. The stock has a market cap of $7.53 billion, a PE ratio of 22.38 and a beta of 0.92. The company has a 50-day moving average of $32.49 and a 200-day moving average of $31.13. Capital Group Dividend Value ETF has a 12 month low of $25.47 and a 12 month high of $33.40.

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.