LongView Wealth Management Has $5 Million Stock Position in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

LongView Wealth Management grew its holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 9.2% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 141,749 shares of the company’s stock after acquiring an additional 11,906 shares during the period. Capital Group Dividend Value ETF accounts for approximately 1.5% of LongView Wealth Management’s holdings, making the stock its 17th largest position. LongView Wealth Management owned about 0.06% of Capital Group Dividend Value ETF worth $4,998,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. LPL Financial LLC boosted its holdings in shares of 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 worth $589,200,000 after buying an additional 3,415,106 shares during the period. Advance Capital Management Inc. increased its stake in shares of Capital Group Dividend Value ETF by 0.4% in the fourth quarter. Advance Capital Management Inc. now owns 10,826,570 shares of the company’s stock worth $381,745,000 after purchasing an additional 40,491 shares during the period. Northwestern Mutual Wealth Management Co. lifted its position 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 purchasing an additional 630,942 shares during the last quarter. Commonwealth Equity Services LLC grew its holdings in Capital Group Dividend Value ETF by 18.9% in the 3rd quarter. Commonwealth Equity Services LLC now owns 7,056,545 shares of the company’s stock valued at $257,140,000 after buying an additional 1,121,465 shares during the last quarter. Finally, Raymond James & Associates increased its position in Capital Group Dividend Value ETF by 19.9% in the 3rd quarter. Raymond James & Associates now owns 6,654,717 shares of the company’s stock worth $242,498,000 after buying an additional 1,104,402 shares during the period.

Capital Group Dividend Value ETF Trading Up 0.8 %

CGDV opened at $35.82 on Friday. Capital Group Dividend Value ETF has a 1-year low of $29.34 and a 1-year high of $37.17. The business has a 50 day moving average of $36.06 and a 200-day moving average of $35.56. The stock has a market capitalization of $8.16 billion, a price-to-earnings ratio of 22.38 and a beta of 0.92.

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.