Wealthcare Advisory Partners LLC Has $17.32 Million Position in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Wealthcare Advisory Partners LLC raised its stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 10.5% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 491,212 shares of the company’s stock after acquiring an additional 46,522 shares during the period. Wealthcare Advisory Partners LLC’s holdings in Capital Group Dividend Value ETF were worth $17,320,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. LPL Financial LLC boosted its holdings in Capital Group Dividend Value ETF by 26.8% in the third quarter. LPL Financial LLC now owns 16,169,046 shares of the company’s stock valued at $589,200,000 after acquiring an additional 3,415,106 shares during the last quarter. Advance Capital Management Inc. lifted its position in shares of Capital Group Dividend Value ETF by 18.5% in the 3rd quarter. Advance Capital Management Inc. now owns 10,786,079 shares of the company’s stock worth $393,045,000 after purchasing an additional 1,686,328 shares during the period. Commonwealth Equity Services LLC boosted its stake in shares of Capital Group Dividend Value ETF by 18.9% in the 3rd quarter. Commonwealth Equity Services LLC now owns 7,056,545 shares of the company’s stock valued at $257,140,000 after purchasing an additional 1,121,465 shares during the last quarter. Raymond James & Associates lifted its holdings in Capital Group Dividend Value ETF by 19.9% in the third quarter. Raymond James & Associates now owns 6,654,717 shares of the company’s stock valued at $242,498,000 after buying an additional 1,104,402 shares during the period. Finally, Summit Investment Advisory Services LLC bought a new stake in Capital Group Dividend Value ETF during the third quarter valued at $32,260,000.

Capital Group Dividend Value ETF Trading Down 0.0 %

CGDV stock opened at $35.53 on Friday. The firm has a market cap of $8.10 billion, a PE ratio of 22.38 and a beta of 0.92. The stock has a 50-day moving average price of $36.08 and a 200-day moving average price of $35.54. Capital Group Dividend Value ETF has a 1-year low of $29.23 and a 1-year high of $37.17.

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.