Kera Capital Partners Inc. Makes New $11.12 Million Investment in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Kera Capital Partners Inc. acquired a new stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV) in the 4th quarter, Holdings Channel reports. The firm acquired 315,489 shares of the company’s stock, valued at approximately $11,124,000. Capital Group Dividend Value ETF comprises 3.2% of Kera Capital Partners Inc.’s investment portfolio, making the stock its 5th biggest position.

Several other hedge funds and other institutional investors have also modified their holdings of CGDV. LPL Financial LLC increased its stake in Capital Group Dividend Value ETF by 26.8% during the third 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. increased its position in shares of 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 raised its stake in shares of 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 in the last quarter. Raymond James & Associates lifted its position in Capital Group Dividend Value ETF by 19.9% in the third 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 acquired a new stake in Capital Group Dividend Value ETF during the third quarter worth $32,260,000.

Capital Group Dividend Value ETF Stock Performance

Shares of CGDV stock opened at $35.82 on Friday. The firm has a fifty day moving average of $36.06 and a 200-day moving average of $35.58. The stock has a market cap of $8.16 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 $29.34 and a 52-week high of $37.17.

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.