U.S. Capital Wealth Advisors LLC Has $6.07 Million Position in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

U.S. Capital Wealth Advisors LLC increased its stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 1.9% in the fourth quarter, Holdings Channel.com reports. The firm owned 172,253 shares of the company’s stock after buying an additional 3,222 shares during the quarter. U.S. Capital Wealth Advisors LLC’s holdings in Capital Group Dividend Value ETF were worth $6,074,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. LPL Financial LLC increased its holdings 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 worth $589,200,000 after buying an additional 3,415,106 shares in the last quarter. Advance Capital Management Inc. increased its position in Capital Group Dividend Value ETF by 0.4% during the 4th quarter. Advance Capital Management Inc. now owns 10,826,570 shares of the company’s stock valued at $381,745,000 after purchasing an additional 40,491 shares during the period. Commonwealth Equity Services LLC raised its position 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 worth $257,140,000 after acquiring an additional 1,121,465 shares in the last quarter. Raymond James & Associates lifted its position in shares of Capital Group Dividend Value ETF by 19.9% during the 3rd quarter. Raymond James & Associates now owns 6,654,717 shares of the company’s stock valued at $242,498,000 after acquiring an additional 1,104,402 shares during the period. Finally, Confluence Wealth Services Inc. increased its position in Capital Group Dividend Value ETF by 6.4% in the 3rd quarter. Confluence Wealth Services Inc. now owns 4,319,789 shares of the company’s stock valued at $157,413,000 after buying an additional 260,067 shares in the last quarter.

Capital Group Dividend Value ETF Price Performance

Shares of NYSEARCA CGDV opened at $36.75 on Friday. The stock has a market capitalization of $8.38 billion, a P/E ratio of 22.38 and a beta of 0.92. Capital Group Dividend Value ETF has a 1 year low of $29.85 and a 1 year high of $37.17. The company has a 50-day moving average price of $36.08 and a 200-day moving average price of $35.78.

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.