KMG Fiduciary Partners LLC Invests $2.34 Million in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

KMG Fiduciary Partners LLC acquired a new stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV) in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 64,139 shares of the company’s stock, valued at approximately $2,337,000.

Several other large investors have also recently added to or reduced their stakes in CGDV. Advance Capital Management Inc. acquired a new position in shares of Capital Group Dividend Value ETF in the second quarter worth $300,292,000. Cetera Investment Advisers grew its stake in Capital Group Dividend Value ETF by 256.8% during the 1st quarter. Cetera Investment Advisers now owns 4,319,438 shares of the company’s stock worth $140,382,000 after purchasing an additional 3,108,678 shares in the last quarter. LPL Financial LLC increased its holdings in Capital Group Dividend Value ETF by 15.6% during the 2nd quarter. LPL Financial LLC now owns 12,753,940 shares of the company’s stock worth $420,880,000 after purchasing an additional 1,722,366 shares during the period. Commonwealth Equity Services LLC raised its position in Capital Group Dividend Value ETF by 32.5% in the 2nd quarter. Commonwealth Equity Services LLC now owns 5,935,080 shares of the company’s stock valued at $195,858,000 after purchasing an additional 1,457,036 shares in the last quarter. Finally, Dechtman Wealth Management LLC boosted its stake in shares of Capital Group Dividend Value ETF by 158.3% in the 2nd quarter. Dechtman Wealth Management LLC now owns 1,745,166 shares of the company’s stock valued at $57,590,000 after buying an additional 1,069,458 shares during the period.

Capital Group Dividend Value ETF Stock Performance

CGDV stock opened at $37.02 on Friday. Capital Group Dividend Value ETF has a fifty-two week low of $25.47 and a fifty-two week high of $37.17. The company’s 50 day moving average price is $35.75 and its 200 day moving average price is $33.97. The firm has a market capitalization of $8.44 billion, a price-to-earnings ratio of 22.38 and a beta of 0.92.

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.