Integrated Wealth Concepts LLC Buys 372,650 Shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Integrated Wealth Concepts LLC lifted its position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 78.5% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 847,094 shares of the company’s stock after purchasing an additional 372,650 shares during the period. Integrated Wealth Concepts LLC’s holdings in Capital Group Dividend Value ETF were worth $30,868,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also bought and sold shares of CGDV. LPL Financial LLC grew its position in shares of Capital Group Dividend Value ETF by 26.8% during the third quarter. LPL Financial LLC now owns 16,169,046 shares of the company’s stock valued at $589,200,000 after purchasing an additional 3,415,106 shares in the last quarter. Advance Capital Management Inc. raised its stake in shares of Capital Group Dividend Value ETF by 18.5% in the third quarter. Advance Capital Management Inc. now owns 10,786,079 shares of the company’s stock valued at $393,045,000 after acquiring an additional 1,686,328 shares during the period. Raymond James Financial Services Advisors Inc. grew its stake in shares of Capital Group Dividend Value ETF by 6.1% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 9,000,947 shares of the company’s stock valued at $297,031,000 after buying an additional 519,112 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its position in Capital Group Dividend Value ETF by 7.7% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 8,864,888 shares of the company’s stock valued at $292,541,000 after acquiring an additional 630,942 shares during the last quarter. Finally, Envestnet Asset Management Inc. grew its holdings in shares of Capital Group Dividend Value ETF by 15.0% in the second quarter. Envestnet Asset Management Inc. now owns 8,007,181 shares of the company’s stock worth $264,237,000 after purchasing an additional 1,042,548 shares during the last quarter.

Capital Group Dividend Value ETF Trading Up 0.1 %

Shares of Capital Group Dividend Value ETF stock opened at $36.93 on Tuesday. The stock’s fifty day moving average price is $36.52 and its 200-day moving average price is $34.91. Capital Group Dividend Value ETF has a 12 month low of $27.91 and a 12 month high of $37.17. The firm has a market cap of $8.42 billion, a P/E 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.