ST Germain D J Co. Inc. Has $11.33 Million Position in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

ST Germain D J Co. Inc. raised its stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 16.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 321,204 shares of the company’s stock after acquiring an additional 45,735 shares during the period. ST Germain D J Co. Inc.’s holdings in Capital Group Dividend Value ETF were worth $11,326,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Creative Planning lifted its position in Capital Group Dividend Value ETF by 36.9% during the third quarter. Creative Planning now owns 28,271 shares of the company’s stock worth $1,030,000 after purchasing an additional 7,618 shares during the period. Oppenheimer & Co. Inc. lifted its holdings in shares of Capital Group Dividend Value ETF by 15.1% during the 2nd quarter. Oppenheimer & Co. Inc. now owns 72,405 shares of the company’s stock worth $2,389,000 after acquiring an additional 9,511 shares during the period. Souders Financial Advisors boosted its position in shares of Capital Group Dividend Value ETF by 1.9% during the 2nd quarter. Souders Financial Advisors now owns 728,080 shares of the company’s stock worth $24,027,000 after acquiring an additional 13,907 shares in the last quarter. Prospect Financial Services LLC bought a new position in Capital Group Dividend Value ETF in the third quarter valued at approximately $248,000. Finally, PFG Advisors raised its position in Capital Group Dividend Value ETF by 13.5% during the third quarter. PFG Advisors now owns 75,993 shares of the company’s stock valued at $2,769,000 after purchasing an additional 9,056 shares in the last quarter.

Capital Group Dividend Value ETF Stock Down 1.4 %

Shares of CGDV traded down $0.51 during midday trading on Friday, hitting $34.99. The company’s stock had a trading volume of 961,498 shares, compared to its average volume of 2,884,801. Capital Group Dividend Value ETF has a one year low of $29.23 and a one year high of $37.17. The stock has a market capitalization of $7.97 billion, a price-to-earnings ratio of 22.38 and a beta of 0.92. The company’s fifty day simple moving average is $36.19 and its two-hundred day simple moving average is $35.47.

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.