Lantz Financial LLC Increases Holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Lantz Financial LLC boosted its position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 1.3% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 40,933 shares of the company’s stock after purchasing an additional 523 shares during the period. Lantz Financial LLC’s holdings in Capital Group Dividend Value ETF were worth $1,443,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of CGDV. LPL Financial LLC lifted its stake in Capital Group Dividend Value ETF by 26.8% during the 3rd quarter. LPL Financial LLC now owns 16,169,046 shares of the company’s stock valued at $589,200,000 after acquiring an additional 3,415,106 shares during the period. Advance Capital Management Inc. lifted its position in Capital Group Dividend Value ETF by 18.5% during the third quarter. Advance Capital Management Inc. now owns 10,786,079 shares of the company’s stock valued at $393,045,000 after purchasing an additional 1,686,328 shares during the period. Commonwealth Equity Services LLC boosted its holdings in Capital Group Dividend Value ETF by 18.9% in the third quarter. Commonwealth Equity Services LLC now owns 7,056,545 shares of the company’s stock valued at $257,140,000 after purchasing an additional 1,121,465 shares during the last quarter. Raymond James & Associates grew its position in Capital Group Dividend Value ETF by 19.9% during the 3rd quarter. Raymond James & Associates now owns 6,654,717 shares of the company’s stock worth $242,498,000 after purchasing an additional 1,104,402 shares during the period. Finally, Summit Investment Advisory Services LLC purchased a new position in shares of Capital Group Dividend Value ETF during the 3rd quarter valued at about $32,260,000.

Capital Group Dividend Value ETF Stock Up 0.1 %

Shares of CGDV opened at $36.64 on Friday. The company has a market capitalization of $8.35 billion, a price-to-earnings ratio of 22.38 and a beta of 0.92. Capital Group Dividend Value ETF has a 52 week low of $29.85 and a 52 week high of $37.17. The stock’s 50-day moving average price is $36.04 and its 200-day moving average price is $35.67.

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.