Raymond James Financial Services Advisors Inc. boosted its stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV – Free Report) by 6.1% during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 9,000,947 shares of the company’s stock after buying an additional 519,112 shares during the period. Raymond James Financial Services Advisors Inc. owned approximately 3.95% of Capital Group Dividend Value ETF worth $297,031,000 as of its most recent filing with the SEC.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Tennessee Valley Asset Management Partners acquired a new position in Capital Group Dividend Value ETF during the fourth quarter valued at approximately $26,000. Glassman Wealth Services acquired a new position in Capital Group Dividend Value ETF during the first quarter worth $29,000. Transcendent Capital Group LLC bought a new stake in Capital Group Dividend Value ETF during the fourth quarter worth $33,000. Signaturefd LLC acquired a new stake in Capital Group Dividend Value ETF in the fourth quarter valued at $37,000. Finally, Russell Investments Group Ltd. bought a new position in shares of Capital Group Dividend Value ETF in the 1st quarter valued at about $42,000.
Capital Group Dividend Value ETF Stock Up 0.8 %
Shares of CGDV stock traded up $0.27 on Monday, reaching $35.13. The stock had a trading volume of 1,540,494 shares, compared to its average volume of 1,619,883. Capital Group Dividend Value ETF has a 12 month low of $25.47 and a 12 month high of $35.28. The firm has a market capitalization of $8.01 billion, a price-to-earnings ratio of 22.38 and a beta of 0.92. The firm’s 50-day moving average is $33.78 and its two-hundred day moving average is $32.57.
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.
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