Peapack Gladstone Financial Corp Raises Stock Holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Peapack Gladstone Financial Corp grew its stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 0.5% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 80,610 shares of the company’s stock after buying an additional 440 shares during the period. Peapack Gladstone Financial Corp’s holdings in Capital Group Dividend Value ETF were worth $2,937,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Harbor Investment Advisory LLC increased its stake in Capital Group Dividend Value ETF by 2.1% in the 3rd quarter. Harbor Investment Advisory LLC now owns 14,600 shares of the company’s stock worth $532,000 after buying an additional 300 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. raised its stake in Capital Group Dividend Value ETF by 7.3% during the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 4,475 shares of the company’s stock valued at $163,000 after purchasing an additional 304 shares during the period. Financial Perspectives Inc lifted its holdings in Capital Group Dividend Value ETF by 6.3% in the 2nd quarter. Financial Perspectives Inc now owns 7,906 shares of the company’s stock worth $261,000 after purchasing an additional 468 shares in the last quarter. Financial Council LLC lifted its holdings in Capital Group Dividend Value ETF by 1.5% in the 3rd quarter. Financial Council LLC now owns 31,514 shares of the company’s stock worth $1,148,000 after purchasing an additional 473 shares in the last quarter. Finally, J.W. Cole Advisors Inc. boosted its stake in Capital Group Dividend Value ETF by 4.8% in the 3rd quarter. J.W. Cole Advisors Inc. now owns 12,653 shares of the company’s stock worth $461,000 after purchasing an additional 584 shares during the period.

Capital Group Dividend Value ETF Price Performance

Capital Group Dividend Value ETF stock opened at $36.32 on Friday. Capital Group Dividend Value ETF has a 1 year low of $29.23 and a 1 year high of $37.17. The firm’s 50 day moving average price is $36.56 and its 200-day moving average price is $35.14. The stock has a market cap of $8.28 billion, a P/E ratio of 22.38 and a beta of 0.92.

Capital Group Dividend Value ETF Company 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.