Commonwealth Equity Services LLC Grows Holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Commonwealth Equity Services LLC increased its stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 14.3% in the 4th quarter, Holdings Channel.com reports. The firm owned 8,065,081 shares of the company’s stock after purchasing an additional 1,008,536 shares during the period. Commonwealth Equity Services LLC’s holdings in Capital Group Dividend Value ETF were worth $284,375,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently bought and sold shares of CGDV. Venturi Wealth Management LLC acquired a new position in Capital Group Dividend Value ETF during the 4th quarter worth approximately $47,000. PNC Financial Services Group Inc. purchased a new position in Capital Group Dividend Value ETF during the 4th quarter valued at about $55,000. 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 last quarter. Cassady Schiller Wealth Management LLC acquired a new position in shares of Capital Group Dividend Value ETF during the 3rd quarter worth approximately $83,000. Finally, Oakworth Capital Inc. acquired a new stake in Capital Group Dividend Value ETF during the 4th quarter valued at $129,000.

Capital Group Dividend Value ETF Stock Down 0.0 %

NYSEARCA CGDV opened at $35.64 on Thursday. The stock has a market cap of $13.63 billion, a price-to-earnings ratio of 25.21 and a beta of 0.90. Capital Group Dividend Value ETF has a fifty-two week low of $31.03 and a fifty-two week high of $37.38. The business has a fifty day moving average of $36.40 and a 200-day moving average of $36.25.

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.