Prime Capital Investment Advisors LLC Has $848,000 Stock Holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Prime Capital Investment Advisors LLC grew its holdings in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 7.7% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 23,266 shares of the company’s stock after buying an additional 1,671 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in Capital Group Dividend Value ETF were worth $848,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in CGDV. Creative Planning increased its holdings in Capital Group Dividend Value ETF by 36.9% during the 3rd quarter. Creative Planning now owns 28,271 shares of the company’s stock worth $1,030,000 after purchasing an additional 7,618 shares in the last quarter. Kingsview Wealth Management LLC grew its holdings in Capital Group Dividend Value ETF by 8.5% during the first quarter. Kingsview Wealth Management LLC now owns 17,570 shares of the company’s stock worth $571,000 after buying an additional 1,375 shares in the last quarter. Oppenheimer & Co. Inc. raised its position in Capital Group Dividend Value ETF by 15.1% in the 2nd quarter. Oppenheimer & Co. Inc. now owns 72,405 shares of the company’s stock valued at $2,389,000 after buying an additional 9,511 shares during the last quarter. Wedbush Securities Inc. lifted its stake in Capital Group Dividend Value ETF by 27.7% during the 2nd quarter. Wedbush Securities Inc. now owns 287,659 shares of the company’s stock valued at $9,493,000 after acquiring an additional 62,462 shares in the last quarter. Finally, Cullen Frost Bankers Inc. boosted its holdings in Capital Group Dividend Value ETF by 8,219.6% during the 2nd quarter. Cullen Frost Bankers Inc. now owns 13,145 shares of the company’s stock worth $434,000 after acquiring an additional 12,987 shares during the last quarter.

Capital Group Dividend Value ETF Price Performance

Shares of CGDV stock opened at $35.97 on Friday. The firm has a 50-day moving average of $36.31 and a 200-day moving average of $34.60. Capital Group Dividend Value ETF has a one year low of $27.59 and a one year high of $37.17. The company has a market cap of $8.20 billion, a P/E ratio of 22.38 and a beta of 0.92.

Capital Group Dividend Value ETF Profile

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.