Capital Group Dividend Value ETF (NYSEARCA:CGDV) Shares Purchased by KPP Advisory Services LLC

KPP Advisory Services LLC grew its holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 55.1% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 265,288 shares of the company’s stock after purchasing an additional 94,235 shares during the quarter. Capital Group Dividend Value ETF comprises 2.3% of KPP Advisory Services LLC’s portfolio, making the stock its 9th biggest holding. KPP Advisory Services LLC’s holdings in Capital Group Dividend Value ETF were worth $9,667,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. Advance Capital Management Inc. acquired a new stake in shares of Capital Group Dividend Value ETF during the 2nd quarter valued at about $300,292,000. Cetera Investment Advisers grew its stake in shares of Capital Group Dividend Value ETF by 256.8% in the 1st quarter. Cetera Investment Advisers now owns 4,319,438 shares of the company’s stock valued at $140,382,000 after purchasing an additional 3,108,678 shares during the period. LPL Financial LLC raised its holdings in shares of Capital Group Dividend Value ETF by 15.6% in the 2nd quarter. LPL Financial LLC now owns 12,753,940 shares of the company’s stock worth $420,880,000 after buying an additional 1,722,366 shares in the last quarter. Commonwealth Equity Services LLC lifted its position in shares of Capital Group Dividend Value ETF by 32.5% during the 2nd quarter. Commonwealth Equity Services LLC now owns 5,935,080 shares of the company’s stock worth $195,858,000 after buying an additional 1,457,036 shares during the period. Finally, Raymond James & Associates boosted its stake in Capital Group Dividend Value ETF by 19.9% in the 3rd quarter. Raymond James & Associates now owns 6,654,717 shares of the company’s stock valued at $242,498,000 after buying an additional 1,104,402 shares in the last quarter.

Capital Group Dividend Value ETF Stock Performance

Shares of NYSEARCA:CGDV traded down $0.33 on Friday, hitting $35.97. The stock had a trading volume of 3,185,655 shares, compared to its average volume of 1,617,146. The company has a market capitalization of $8.20 billion, a price-to-earnings ratio of 22.38 and a beta of 0.92. The firm’s 50 day moving average price is $36.31 and its 200-day moving average price is $34.60. Capital Group Dividend Value ETF has a twelve month low of $27.59 and a twelve month high of $37.17.

Capital Group Dividend Value ETF Company 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.