Capital Group Dividend Value ETF (NYSEARCA:CGDV) Shares Sold by Raymond James Trust N.A.

Raymond James Trust N.A. trimmed its stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 2.2% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 151,397 shares of the company’s stock after selling 3,450 shares during the quarter. Raymond James Trust N.A. owned 0.07% of Capital Group Dividend Value ETF worth $5,517,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Headlands Technologies LLC acquired a new stake in Capital Group Dividend Value ETF in the second quarter valued at $27,000. Signaturefd LLC acquired a new position in Capital Group Dividend Value ETF in the second quarter valued at approximately $36,000. Hershey Financial Advisers LLC purchased a new position in Capital Group Dividend Value ETF in the second quarter valued at approximately $36,000. Russell Investments Group Ltd. acquired a new stake in Capital Group Dividend Value ETF during the first quarter worth approximately $42,000. Finally, Cassady Schiller Wealth Management LLC acquired a new stake in Capital Group Dividend Value ETF during the third quarter worth approximately $83,000.

Capital Group Dividend Value ETF Stock Performance

Shares of NYSEARCA:CGDV opened at $36.58 on Friday. The stock has a market capitalization of $8.34 billion, a price-to-earnings ratio of 22.38 and a beta of 0.92. Capital Group Dividend Value ETF has a one year low of $27.86 and a one year high of $37.17. The company has a 50-day simple moving average of $36.42 and a 200-day simple moving average of $34.74.

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.