Capital Group Dividend Value ETF (NYSEARCA:CGDV) Shares Acquired by Accel Wealth Management

Accel Wealth Management boosted its stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 126.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 41,417 shares of the company’s stock after purchasing an additional 23,124 shares during the quarter. Accel Wealth Management’s holdings in Capital Group Dividend Value ETF were worth $1,460,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. LPL Financial LLC raised its holdings in shares of 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 buying an additional 3,415,106 shares during the last quarter. Advance Capital Management Inc. raised its stake in Capital Group Dividend Value ETF by 18.5% during the 3rd quarter. Advance Capital Management Inc. now owns 10,786,079 shares of the company’s stock valued at $393,045,000 after acquiring an additional 1,686,328 shares in the last quarter. 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 worth $257,140,000 after acquiring an additional 1,121,465 shares during the period. Raymond James & Associates grew its stake in shares of Capital Group Dividend Value ETF by 19.9% in the third quarter. Raymond James & Associates now owns 6,654,717 shares of the company’s stock worth $242,498,000 after purchasing an additional 1,104,402 shares in the last quarter. Finally, Summit Investment Advisory Services LLC bought a new position in shares of Capital Group Dividend Value ETF in the third quarter worth $32,260,000.

Capital Group Dividend Value ETF Stock Up 0.1 %

Shares of NYSEARCA CGDV opened at $36.64 on Friday. The stock has a market cap of $8.35 billion, a P/E ratio of 22.38 and a beta of 0.92. The firm’s 50-day simple moving average is $36.04 and its 200 day simple moving average is $35.67. Capital Group Dividend Value ETF has a fifty-two week low of $29.85 and a fifty-two week high of $37.17.

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.