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

Lantz Financial LLC boosted its stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 1.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 40,933 shares of the company’s stock after buying 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.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Creative Planning boosted its stake in Capital Group Dividend Value ETF by 36.9% in the third quarter. Creative Planning now owns 28,271 shares of the company’s stock valued at $1,030,000 after acquiring an additional 7,618 shares in the last quarter. Souders Financial Advisors boosted its position in shares of Capital Group Dividend Value ETF by 1.9% in the 2nd quarter. Souders Financial Advisors now owns 728,080 shares of the company’s stock worth $24,027,000 after purchasing an additional 13,907 shares in the last quarter. Prospect Financial Services LLC purchased a new position in Capital Group Dividend Value ETF during the 3rd quarter worth $248,000. PFG Advisors increased its position in Capital Group Dividend Value ETF by 13.5% during the 3rd quarter. PFG Advisors now owns 75,993 shares of the company’s stock valued at $2,769,000 after buying an additional 9,056 shares in the last quarter. Finally, Armstrong Fleming & Moore Inc raised its stake in Capital Group Dividend Value ETF by 23.1% in the third quarter. Armstrong Fleming & Moore Inc now owns 116,198 shares of the company’s stock valued at $4,234,000 after buying an additional 21,827 shares during the last quarter.

Capital Group Dividend Value ETF Stock Performance

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