Capital Group Dividend Value ETF (NYSEARCA:CGDV) Shares Sold by Mutual Advisors LLC

Mutual Advisors LLC trimmed its holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 16.2% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 124,771 shares of the company’s stock after selling 24,126 shares during the quarter. Mutual Advisors LLC’s holdings in Capital Group Dividend Value ETF were worth $4,525,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the business. Harbor Investment Advisory LLC grew its stake in shares of Capital Group Dividend Value ETF by 2.1% in the third quarter. Harbor Investment Advisory LLC now owns 14,600 shares of the company’s stock worth $532,000 after purchasing an additional 300 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. raised its position in shares of Capital Group Dividend Value ETF by 7.3% during the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 4,475 shares of the company’s stock worth $163,000 after buying an additional 304 shares in the last quarter. J.W. Cole Advisors Inc. lifted its stake in shares of Capital Group Dividend Value ETF by 4.6% in the 1st quarter. J.W. Cole Advisors Inc. now owns 8,403 shares of the company’s stock worth $273,000 after acquiring an additional 367 shares during the period. Lion Street Advisors LLC boosted its holdings in shares of Capital Group Dividend Value ETF by 4.2% in the second quarter. Lion Street Advisors LLC now owns 9,575 shares of the company’s stock valued at $316,000 after acquiring an additional 384 shares in the last quarter. Finally, Financial Perspectives Inc boosted its holdings in shares of Capital Group Dividend Value ETF by 6.3% in the second quarter. Financial Perspectives Inc now owns 7,906 shares of the company’s stock valued at $261,000 after acquiring an additional 468 shares in the last quarter.

Capital Group Dividend Value ETF Price Performance

Shares of NYSEARCA:CGDV opened at $36.40 on Thursday. The stock has a market cap of $8.30 billion, a price-to-earnings ratio of 22.38 and a beta of 0.92. Capital Group Dividend Value ETF has a 12 month low of $25.81 and a 12 month high of $37.17. The stock’s 50 day moving average price is $36.04 and its 200 day moving average price is $34.21.

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.