Orion Portfolio Solutions LLC Has $21.89 Million Holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Orion Portfolio Solutions LLC raised its position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 2.7% during the fourth quarter, Holdings Channel reports. The firm owned 620,865 shares of the company’s stock after purchasing an additional 16,426 shares during the period. Orion Portfolio Solutions LLC’s holdings in Capital Group Dividend Value ETF were worth $21,892,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of CGDV. Cerity Partners LLC lifted its holdings in Capital Group Dividend Value ETF by 15.0% in the third quarter. Cerity Partners LLC now owns 62,822 shares of the company’s stock valued at $2,289,000 after buying an additional 8,203 shares during the period. Townsquare Capital LLC boosted its position in shares of Capital Group Dividend Value ETF by 10.6% during the 3rd quarter. Townsquare Capital LLC now owns 20,602 shares of the company’s stock valued at $751,000 after purchasing an additional 1,974 shares in the last quarter. Freedom Investment Management Inc. grew its stake in Capital Group Dividend Value ETF by 57.8% during the third quarter. Freedom Investment Management Inc. now owns 10,658 shares of the company’s stock worth $388,000 after purchasing an additional 3,903 shares during the period. National Wealth Management Group LLC increased its holdings in Capital Group Dividend Value ETF by 3.9% in the third quarter. National Wealth Management Group LLC now owns 16,025 shares of the company’s stock worth $584,000 after purchasing an additional 606 shares in the last quarter. Finally, WFA of San Diego LLC acquired a new position in Capital Group Dividend Value ETF in the third quarter valued at approximately $663,000.

Capital Group Dividend Value ETF Stock Down 0.3 %

Shares of CGDV stock opened at $36.11 on Friday. Capital Group Dividend Value ETF has a 52 week low of $31.03 and a 52 week high of $37.38. The firm has a 50 day moving average of $36.55 and a 200-day moving average of $36.30. The company has a market cap of $14.31 billion, a price-to-earnings ratio of 24.80 and a beta of 0.90.

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.