Capital Group Dividend Value ETF (NYSEARCA:CGDV) Shares Purchased by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC increased its position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 10.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,832,297 shares of the company’s stock after purchasing an additional 179,671 shares during the period. Janney Montgomery Scott LLC’s holdings in Capital Group Dividend Value ETF were worth $64,607,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of CGDV. Mercer Global Advisors Inc. ADV increased its position in shares of Capital Group Dividend Value ETF by 10.5% during the second quarter. Mercer Global Advisors Inc. ADV now owns 18,389 shares of the company’s stock valued at $607,000 after acquiring an additional 1,747 shares during the last quarter. Sei Investments Co. acquired a new position in shares of Capital Group Dividend Value ETF in the 2nd quarter valued at $24,992,000. Marshall Wace LLP acquired a new stake in Capital Group Dividend Value ETF during the 2nd quarter worth $1,789,000. Clear Point Advisors Inc. boosted its stake in Capital Group Dividend Value ETF by 7.7% during the 2nd quarter. Clear Point Advisors Inc. now owns 39,959 shares of the company’s stock worth $1,319,000 after purchasing an additional 2,859 shares during the period. Finally, Smith Thornton Advisors LLC purchased a new position in Capital Group Dividend Value ETF during the 2nd quarter worth $533,000.

Capital Group Dividend Value ETF Stock Down 0.2 %

Shares of CGDV opened at $36.23 on Thursday. The company has a 50-day simple moving average of $36.02 and a 200-day simple moving average of $35.64. Capital Group Dividend Value ETF has a 52-week low of $29.85 and a 52-week high of $37.17. The company has a market capitalization of $8.26 billion, a PE ratio of 22.38 and a beta of 0.92.

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.