Northwest Financial Advisors Buys 9,227 Shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Northwest Financial Advisors grew its stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 35.7% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 35,037 shares of the company’s stock after acquiring an additional 9,227 shares during the period. Capital Group Dividend Value ETF makes up approximately 1.0% of Northwest Financial Advisors’ portfolio, making the stock its 23rd biggest position. Northwest Financial Advisors’ holdings in Capital Group Dividend Value ETF were worth $1,235,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. 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 valued at $589,200,000 after acquiring an additional 3,415,106 shares in the last quarter. Advance Capital Management Inc. raised its position in Capital Group Dividend Value ETF by 18.5% in 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 last quarter. Commonwealth Equity Services LLC raised its position in 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 during the last quarter. Raymond James & Associates boosted its stake in shares of Capital Group Dividend Value ETF by 19.9% during 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 in the last quarter. Finally, Summit Investment Advisory Services LLC bought a new stake in shares of Capital Group Dividend Value ETF during the third quarter worth about $32,260,000.

Capital Group Dividend Value ETF Price Performance

Shares of NYSEARCA CGDV opened at $36.62 on Tuesday. The company has a 50 day simple moving average of $36.05 and a 200 day simple moving average of $35.72. Capital Group Dividend Value ETF has a 1 year low of $29.85 and a 1 year high of $37.17. The firm has a market cap of $8.35 billion, a PE 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.