Southland Equity Partners LLC Acquires Shares of 7,901 Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Southland Equity Partners LLC bought a new position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 7,901 shares of the company’s stock, valued at approximately $279,000.

Several other large investors also recently modified their holdings of CGDV. LPL Financial LLC lifted its position in shares of Capital Group Dividend Value ETF by 26.8% in the 3rd quarter. LPL Financial LLC now owns 16,169,046 shares of the company’s stock worth $589,200,000 after purchasing an additional 3,415,106 shares during the period. Advance Capital Management Inc. lifted its holdings in Capital Group Dividend Value ETF by 18.5% in the third quarter. Advance Capital Management Inc. now owns 10,786,079 shares of the company’s stock worth $393,045,000 after buying an additional 1,686,328 shares during the period. Commonwealth Equity Services LLC boosted its position in Capital Group Dividend Value ETF by 18.9% during the 3rd quarter. Commonwealth Equity Services LLC now owns 7,056,545 shares of the company’s stock valued at $257,140,000 after acquiring an additional 1,121,465 shares in the last quarter. Raymond James & Associates boosted its position in Capital Group Dividend Value ETF by 19.9% during the 3rd quarter. Raymond James & Associates now owns 6,654,717 shares of the company’s stock valued at $242,498,000 after acquiring an additional 1,104,402 shares in the last quarter. Finally, Summit Investment Advisory Services LLC bought a new stake in shares of Capital Group Dividend Value ETF during the third quarter valued at approximately $32,260,000.

Capital Group Dividend Value ETF Trading Up 0.1 %

CGDV opened at $36.64 on Friday. Capital Group Dividend Value ETF has a 12-month low of $29.85 and a 12-month high of $37.17. The company has a market cap of $8.35 billion, a price-to-earnings ratio of 22.38 and a beta of 0.92. The stock has a fifty day simple moving average of $36.04 and a two-hundred day simple moving average of $35.67.

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.