Sittner & Nelson LLC Acquires 4,152 Shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Sittner & Nelson LLC grew its stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 3.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 127,538 shares of the company’s stock after buying an additional 4,152 shares during the period. Capital Group Dividend Value ETF accounts for about 2.1% of Sittner & Nelson LLC’s holdings, making the stock its 5th biggest holding. Sittner & Nelson LLC’s holdings in Capital Group Dividend Value ETF were worth $4,647,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in CGDV. Headlands Technologies LLC purchased a new position in shares of Capital Group Dividend Value ETF during the second quarter valued at approximately $27,000. Signaturefd LLC bought a new position in shares of Capital Group Dividend Value ETF in the second quarter worth $36,000. Hershey Financial Advisers LLC purchased a new stake in shares of Capital Group Dividend Value ETF in the 2nd quarter valued at about $36,000. Russell Investments Group Ltd. purchased a new stake in Capital Group Dividend Value ETF in the first quarter valued at approximately $42,000. Finally, Ashton Thomas Private Wealth LLC purchased a new position in Capital Group Dividend Value ETF in the second quarter worth $88,000.

Capital Group Dividend Value ETF Price Performance

NYSEARCA:CGDV opened at $36.93 on Friday. Capital Group Dividend Value ETF has a 1-year low of $26.71 and a 1-year high of $37.17. The business has a 50 day moving average of $36.15 and a 200 day moving average of $34.40. The company has a market capitalization of $8.42 billion, a price-to-earnings 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.