Smartleaf Asset Management LLC Buys 8,246 Shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Smartleaf Asset Management LLC increased its holdings in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 11.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 77,966 shares of the company’s stock after acquiring an additional 8,246 shares during the quarter. Smartleaf Asset Management LLC’s holdings in Capital Group Dividend Value ETF were worth $2,751,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the business. LPL Financial LLC lifted its holdings 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 period. Advance Capital Management Inc. lifted its holdings in Capital Group Dividend Value ETF by 0.4% during the fourth quarter. Advance Capital Management Inc. now owns 10,826,570 shares of the company’s stock worth $381,745,000 after acquiring an additional 40,491 shares during the period. Confluence Wealth Services Inc. lifted its holdings in Capital Group Dividend Value ETF by 9.0% during the fourth quarter. Confluence Wealth Services Inc. now owns 4,708,770 shares of the company’s stock worth $172,341,000 after acquiring an additional 388,981 shares during the period. MML Investors Services LLC lifted its holdings in Capital Group Dividend Value ETF by 8.1% during the third quarter. MML Investors Services LLC now owns 3,273,939 shares of the company’s stock worth $119,302,000 after acquiring an additional 246,437 shares during the period. Finally, Johnson Bixby & Associates LLC lifted its holdings in Capital Group Dividend Value ETF by 2.7% during the fourth quarter. Johnson Bixby & Associates LLC now owns 1,988,521 shares of the company’s stock worth $70,115,000 after acquiring an additional 51,838 shares during the period.

Capital Group Dividend Value ETF Price Performance

Shares of CGDV opened at $36.98 on Friday. The firm has a market cap of $14.14 billion, a PE ratio of 25.21 and a beta of 0.90. The stock’s fifty day moving average price is $36.31 and its two-hundred day moving average price is $36.18. Capital Group Dividend Value ETF has a 1 year low of $30.98 and a 1 year high of $37.38.

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.