Tradition Wealth Management LLC Purchases 1,169 Shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Tradition Wealth Management LLC raised its holdings in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 4.7% in the 3rd quarter, Holdings Channel.com reports. The fund owned 26,227 shares of the company’s stock after buying an additional 1,169 shares during the period. Tradition Wealth Management LLC’s holdings in Capital Group Dividend Value ETF were worth $956,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Flow Traders U.S. LLC bought a new position in Capital Group Dividend Value ETF in the third quarter valued at $6,654,000. Captrust Financial Advisors boosted its stake in shares of Capital Group Dividend Value ETF by 228.9% during the 3rd quarter. Captrust Financial Advisors now owns 540,796 shares of the company’s stock worth $19,707,000 after buying an additional 376,355 shares during the last quarter. WFA of San Diego LLC bought a new position in shares of Capital Group Dividend Value ETF in the 3rd quarter valued at about $663,000. National Wealth Management Group LLC increased its position in shares of Capital Group Dividend Value ETF by 3.9% in the third quarter. National Wealth Management Group LLC now owns 16,025 shares of the company’s stock valued at $584,000 after acquiring an additional 606 shares during the last quarter. Finally, Freedom Investment Management Inc. raised its holdings in Capital Group Dividend Value ETF by 57.8% during the third quarter. Freedom Investment Management Inc. now owns 10,658 shares of the company’s stock worth $388,000 after acquiring an additional 3,903 shares in the last quarter.

Capital Group Dividend Value ETF Stock Performance

Shares of NYSEARCA CGDV opened at $37.04 on Monday. The stock has a market capitalization of $8.44 billion, a PE ratio of 22.38 and a beta of 0.92. Capital Group Dividend Value ETF has a 52 week low of $27.90 and a 52 week high of $37.17. The stock has a 50 day moving average price of $36.52 and a 200 day moving average price of $34.90.

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.