Capital Group Dividend Value ETF (NYSEARCA:CGDV) Shares Purchased by Procyon Advisors LLC

Procyon Advisors LLC boosted its position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 44.1% during the 4th quarter, Holdings Channel reports. The institutional investor owned 510,514 shares of the company’s stock after acquiring an additional 156,205 shares during the period. Capital Group Dividend Value ETF makes up approximately 1.1% of Procyon Advisors LLC’s portfolio, making the stock its 18th largest position. Procyon Advisors LLC’s holdings in Capital Group Dividend Value ETF were worth $18,001,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in CGDV. LPL Financial LLC raised its stake in shares of Capital Group Dividend Value ETF by 26.8% during the 3rd quarter. LPL Financial LLC now owns 16,169,046 shares of the company’s stock worth $589,200,000 after buying an additional 3,415,106 shares during the period. Advance Capital Management Inc. raised its position in Capital Group Dividend Value ETF by 0.4% during the fourth quarter. Advance Capital Management Inc. now owns 10,826,570 shares of the company’s stock worth $381,745,000 after acquiring an additional 40,491 shares during the period. Northwestern Mutual Wealth Management Co. lifted its holdings in Capital Group Dividend Value ETF by 7.7% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 8,864,888 shares of the company’s stock valued at $292,541,000 after purchasing an additional 630,942 shares in the last quarter. Commonwealth Equity Services LLC grew its position in shares of 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 valued at $257,140,000 after purchasing an additional 1,121,465 shares during the period. Finally, Raymond James & Associates lifted 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 Trading Down 0.0 %

CGDV stock opened at $35.53 on Friday. Capital Group Dividend Value ETF has a 12-month low of $29.23 and a 12-month high of $37.17. The business’s 50-day moving average is $36.08 and its 200 day moving average is $35.54. The stock has a market cap of $8.10 billion, a price-to-earnings ratio of 22.38 and a beta of 0.92.

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.