Steward Partners Investment Advisory LLC Raises Stock Holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Steward Partners Investment Advisory LLC increased its stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 12.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 239,231 shares of the company’s stock after purchasing an additional 27,111 shares during the quarter. Steward Partners Investment Advisory LLC owned approximately 0.10% of Capital Group Dividend Value ETF worth $8,435,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in CGDV. Venturi Wealth Management LLC acquired a new position in Capital Group Dividend Value ETF in the 4th quarter valued at $47,000. Blue Trust Inc. grew its position in shares of Capital Group Dividend Value ETF by 33.3% in the fourth quarter. Blue Trust Inc. now owns 1,600 shares of the company’s stock valued at $58,000 after purchasing an additional 400 shares during the period. Cassady Schiller Wealth Management LLC acquired a new position in Capital Group Dividend Value ETF in the third quarter valued at $83,000. Oakworth Capital Inc. acquired a new position in Capital Group Dividend Value ETF in the fourth quarter valued at $129,000. Finally, Westside Investment Management Inc. lifted its position in Capital Group Dividend Value ETF by 1,595.7% during the fourth quarter. Westside Investment Management Inc. now owns 3,900 shares of the company’s stock worth $138,000 after buying an additional 3,670 shares during the period.

Capital Group Dividend Value ETF Price Performance

CGDV opened at $36.67 on Thursday. Capital Group Dividend Value ETF has a 12 month low of $31.03 and a 12 month high of $37.38. The business has a 50-day moving average of $36.33 and a two-hundred day moving average of $36.22. The stock has a market capitalization of $14.02 billion, a price-to-earnings ratio of 25.21 and a beta of 0.90.

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.