CPA Asset Management LLC Boosts Stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

CPA Asset Management LLC lifted its stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 14.6% in the third quarter, according to its most recent filing with the SEC. The fund owned 17,596 shares of the company’s stock after acquiring an additional 2,244 shares during the period. CPA Asset Management LLC’s holdings in Capital Group Dividend Value ETF were worth $641,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Park Avenue Securities LLC lifted its stake in Capital Group Dividend Value ETF by 5.4% during the first quarter. Park Avenue Securities LLC now owns 35,618 shares of the company’s stock worth $1,158,000 after purchasing an additional 1,811 shares during the last quarter. International Assets Investment Management LLC boosted its stake in Capital Group Dividend Value ETF by 4.4% in the first quarter. International Assets Investment Management LLC now owns 9,423 shares of the company’s stock worth $306,000 after buying an additional 400 shares in the last quarter. Dynamic Advisor Solutions LLC boosted its stake in Capital Group Dividend Value ETF by 69.2% in the first quarter. Dynamic Advisor Solutions LLC now owns 52,436 shares of the company’s stock worth $1,704,000 after buying an additional 21,440 shares in the last quarter. Wealthcare Advisory Partners LLC grew its position in Capital Group Dividend Value ETF by 88.2% during the first quarter. Wealthcare Advisory Partners LLC now owns 109,970 shares of the company’s stock valued at $3,574,000 after acquiring an additional 51,550 shares during the last quarter. Finally, Procyon Advisors LLC raised its stake in shares of Capital Group Dividend Value ETF by 641.3% during the first quarter. Procyon Advisors LLC now owns 110,392 shares of the company’s stock worth $3,588,000 after acquiring an additional 95,500 shares in the last quarter.

Capital Group Dividend Value ETF Stock Performance

Shares of CGDV opened at $36.77 on Wednesday. Capital Group Dividend Value ETF has a fifty-two week low of $25.47 and a fifty-two week high of $37.17. The firm has a 50 day moving average price of $35.81 and a 200-day moving average price of $34.02. The firm has a market cap of $8.38 billion, a price-to-earnings 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.