Jones Financial Companies Lllp Increases Stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Jones Financial Companies Lllp increased its position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 73.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,685,061 shares of the company’s stock after purchasing an additional 1,132,566 shares during the period. Jones Financial Companies Lllp owned 1.18% of Capital Group Dividend Value ETF worth $94,675,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the business. LPL Financial LLC raised its stake in shares of Capital Group Dividend Value ETF by 26.8% in 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 in the last quarter. Benjamin Edwards Inc. acquired a new stake in shares of Capital Group Dividend Value ETF during the third quarter worth about $21,765,000. Financial Services Advisory Inc lifted its stake in Capital Group Dividend Value ETF by 115.3% in the third quarter. Financial Services Advisory Inc now owns 971,968 shares of the company’s stock valued at $35,419,000 after buying an additional 520,531 shares during the last quarter. Royal Harbor Partners LLC purchased a new position in Capital Group Dividend Value ETF during the 3rd quarter worth $15,939,000. Finally, Private Advisor Group LLC raised its stake in Capital Group Dividend Value ETF by 39.8% during the 4th quarter. Private Advisor Group LLC now owns 1,481,090 shares of the company’s stock valued at $52,223,000 after acquiring an additional 421,804 shares during the last quarter.

Capital Group Dividend Value ETF Stock Up 1.2 %

Shares of Capital Group Dividend Value ETF stock opened at $36.98 on Friday. The firm has a market cap of $14.14 billion, a price-to-earnings ratio of 25.21 and a beta of 0.90. Capital Group Dividend Value ETF has a 52-week low of $30.98 and a 52-week high of $37.38. The company’s 50-day simple moving average is $36.31 and its 200-day simple moving average is $36.18.

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.