EverSource Wealth Advisors LLC Has $2.05 Million Stock Position in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

EverSource Wealth Advisors LLC lowered its stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 1.1% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 58,052 shares of the company’s stock after selling 636 shares during the period. EverSource Wealth Advisors LLC’s holdings in Capital Group Dividend Value ETF were worth $2,047,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in CGDV. Raymond James Financial Inc. acquired a new stake in Capital Group Dividend Value ETF in the fourth quarter valued at about $601,244,000. LPL Financial LLC boosted 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 buying an additional 3,415,106 shares during the last quarter. Jones Financial Companies Lllp boosted its position in Capital Group Dividend Value ETF by 73.0% in the fourth quarter. Jones Financial Companies Lllp now owns 2,685,061 shares of the company’s stock worth $94,675,000 after purchasing an additional 1,132,566 shares during the last quarter. Benjamin Edwards Inc. bought a new stake in shares of Capital Group Dividend Value ETF in the third quarter valued at $21,765,000. Finally, Private Advisor Group LLC raised its stake in shares of Capital Group Dividend Value ETF by 39.8% during the 4th quarter. Private Advisor Group LLC now owns 1,481,090 shares of the company’s stock valued at $52,223,000 after purchasing an additional 421,804 shares during the period.

Capital Group Dividend Value ETF Stock Down 0.0 %

Shares of NYSEARCA CGDV opened at $35.64 on Thursday. The firm has a market capitalization of $13.63 billion, a P/E ratio of 25.21 and a beta of 0.90. The stock’s 50-day simple moving average is $36.40 and its two-hundred day simple moving average is $36.25. Capital Group Dividend Value ETF has a twelve month low of $31.03 and a twelve month high of $37.38.

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.