Capital Group Dividend Value ETF (NYSEARCA:CGDV) Shares Purchased by Westside Investment Management Inc.

Westside Investment Management Inc. grew its holdings in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 1,595.7% during the 4th quarter, HoldingsChannel reports. The firm owned 3,900 shares of the company’s stock after buying an additional 3,670 shares during the period. Westside Investment Management Inc.’s holdings in Capital Group Dividend Value ETF were worth $138,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. LPL Financial LLC boosted its position 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 worth $589,200,000 after acquiring an additional 3,415,106 shares during the last quarter. Advance Capital Management Inc. boosted its holdings in shares of Capital Group Dividend Value ETF by 18.5% during the 3rd quarter. Advance Capital Management Inc. now owns 10,786,079 shares of the company’s stock worth $393,045,000 after purchasing an additional 1,686,328 shares during the last quarter. Commonwealth Equity Services LLC grew its position 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 increased its holdings in shares of 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 valued at $242,498,000 after purchasing an additional 1,104,402 shares during the last quarter. Finally, Summit Investment Advisory Services LLC purchased a new position in Capital Group Dividend Value ETF during the third quarter worth approximately $32,260,000.

Capital Group Dividend Value ETF Stock Performance

NYSEARCA CGDV opened at $36.23 on Thursday. Capital Group Dividend Value ETF has a fifty-two week low of $29.85 and a fifty-two week high of $37.17. The firm has a market capitalization of $8.26 billion, a P/E ratio of 22.38 and a beta of 0.92. The stock’s fifty day moving average is $36.02 and its two-hundred day moving average is $35.64.

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.