Capital Group Dividend Value ETF (NYSEARCA:CGDV) Stock Position Increased by Bleakley Financial Group LLC

Bleakley Financial Group LLC lifted its position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 0.5% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 100,594 shares of the company’s stock after buying an additional 464 shares during the period. Bleakley Financial Group LLC’s holdings in Capital Group Dividend Value ETF were worth $3,547,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. LPL Financial LLC raised its stake in shares of Capital Group Dividend Value ETF by 26.8% in the 3rd quarter. LPL Financial LLC now owns 16,169,046 shares of the company’s stock worth $589,200,000 after buying an additional 3,415,106 shares in the last quarter. Advance Capital Management Inc. raised its stake in shares of Capital Group Dividend Value ETF by 0.4% in the 4th quarter. Advance Capital Management Inc. now owns 10,826,570 shares of the company’s stock worth $381,745,000 after buying an additional 40,491 shares in the last quarter. Commonwealth Equity Services LLC raised its stake in shares of Capital Group Dividend Value ETF by 18.9% in the 3rd quarter. Commonwealth Equity Services LLC now owns 7,056,545 shares of the company’s stock worth $257,140,000 after buying an additional 1,121,465 shares in the last quarter. Raymond James & Associates raised its stake in shares of Capital Group Dividend Value ETF by 19.9% in the 3rd quarter. Raymond James & Associates now owns 6,654,717 shares of the company’s stock worth $242,498,000 after buying an additional 1,104,402 shares in the last quarter. Finally, Confluence Wealth Services Inc. raised its stake in shares of Capital Group Dividend Value ETF by 9.0% in the 4th quarter. Confluence Wealth Services Inc. now owns 4,708,770 shares of the company’s stock worth $172,341,000 after buying an additional 388,981 shares in the last quarter.

Capital Group Dividend Value ETF Stock Performance

CGDV opened at $37.17 on Friday. The stock’s fifty day moving average is $36.08 and its 200-day moving average is $35.84. The company has a market capitalization of $8.47 billion, a PE ratio of 22.38 and a beta of 0.92. Capital Group Dividend Value ETF has a one year low of $29.86 and a one year high of $37.17.

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.