Great Valley Advisor Group Inc. Has $1.58 Million Stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Great Valley Advisor Group Inc. grew its stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 154.6% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 43,422 shares of the company’s stock after purchasing an additional 26,365 shares during the period. Great Valley Advisor Group Inc.’s holdings in Capital Group Dividend Value ETF were worth $1,582,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Creative Planning boosted its position in shares of Capital Group Dividend Value ETF by 36.9% during the third quarter. Creative Planning now owns 28,271 shares of the company’s stock valued at $1,030,000 after buying an additional 7,618 shares during the last quarter. Oppenheimer & Co. Inc. lifted its stake in Capital Group Dividend Value ETF by 15.1% during the 2nd quarter. Oppenheimer & Co. Inc. now owns 72,405 shares of the company’s stock valued at $2,389,000 after acquiring an additional 9,511 shares in the last quarter. Wedbush Securities Inc. boosted its holdings 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 worth $9,493,000 after acquiring an additional 62,462 shares during the last quarter. Cullen Frost Bankers Inc. grew its stake in shares of Capital Group Dividend Value ETF by 8,219.6% in 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 in the last quarter. Finally, LPL Financial LLC grew its stake 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 acquiring an additional 1,722,366 shares in the last quarter.

Capital Group Dividend Value ETF Price Performance

CGDV opened at $36.58 on Monday. Capital Group Dividend Value ETF has a fifty-two week low of $27.86 and a fifty-two week high of $37.17. The firm has a market capitalization of $8.34 billion, a P/E ratio of 22.38 and a beta of 0.92. The company’s 50-day moving average is $36.42 and its 200 day moving average is $34.77.

About Capital Group Dividend Value ETF

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.