Capital Group Dividend Value ETF (NYSEARCA:CGDV) Stock Holdings Raised by Summit Investment Advisory Services LLC

Summit Investment Advisory Services LLC raised its holdings in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 4.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 921,074 shares of the company’s stock after purchasing an additional 35,778 shares during the quarter. Capital Group Dividend Value ETF accounts for about 16.7% of Summit Investment Advisory Services LLC’s portfolio, making the stock its largest position. Summit Investment Advisory Services LLC owned about 0.40% of Capital Group Dividend Value ETF worth $32,477,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. LPL Financial LLC increased its position in Capital Group Dividend Value ETF by 26.8% during the third quarter. LPL Financial LLC now owns 16,169,046 shares of the company’s stock valued at $589,200,000 after acquiring an additional 3,415,106 shares during the last quarter. Advance Capital Management Inc. boosted its stake in shares of Capital Group Dividend Value ETF by 0.4% during the 4th quarter. Advance Capital Management Inc. now owns 10,826,570 shares of the company’s stock worth $381,745,000 after purchasing an additional 40,491 shares during the period. Northwestern Mutual Wealth Management Co. raised its position in Capital Group Dividend Value ETF by 7.7% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 8,864,888 shares of the company’s stock worth $292,541,000 after purchasing an additional 630,942 shares during the period. Commonwealth Equity Services LLC lifted its stake in Capital Group Dividend Value ETF by 18.9% in the third quarter. Commonwealth Equity Services LLC now owns 7,056,545 shares of the company’s stock worth $257,140,000 after purchasing an additional 1,121,465 shares during the last quarter. Finally, Raymond James & Associates boosted its position in shares of Capital Group Dividend Value ETF by 19.9% during the third 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 during the period.

Capital Group Dividend Value ETF Stock Performance

Shares of CGDV stock opened at $36.64 on Friday. The stock has a 50 day moving average price of $36.04 and a 200 day moving average price of $35.69. Capital Group Dividend Value ETF has a 52-week low of $29.85 and a 52-week high of $37.17. The firm has a market capitalization of $8.35 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.