Menora Mivtachim Holdings LTD. Buys Shares of 194,991 Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Menora Mivtachim Holdings LTD. bought a new stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 194,991 shares of the company’s stock, valued at approximately $6,949,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of CGDV. LPL Financial LLC boosted its stake in shares of Capital Group Dividend Value ETF by 34.0% during the 1st quarter. LPL Financial LLC now owns 29,452,035 shares of the company’s stock worth $1,049,670,000 after acquiring an additional 7,468,408 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of Capital Group Dividend Value ETF by 36.6% in the 1st quarter. Envestnet Asset Management Inc. now owns 15,207,625 shares of the company’s stock worth $542,000,000 after buying an additional 4,071,484 shares in the last quarter. D.A. Davidson & CO. raised its holdings in shares of Capital Group Dividend Value ETF by 739.0% in the 1st quarter. D.A. Davidson & CO. now owns 3,241,910 shares of the company’s stock worth $115,542,000 after buying an additional 2,855,493 shares in the last quarter. Cetera Investment Advisers raised its holdings in shares of Capital Group Dividend Value ETF by 42.2% in the 4th quarter. Cetera Investment Advisers now owns 8,447,056 shares of the company’s stock worth $297,843,000 after buying an additional 2,508,825 shares in the last quarter. Finally, HighTower Advisors LLC grew its position in Capital Group Dividend Value ETF by 378.6% during the 1st quarter. HighTower Advisors LLC now owns 2,493,381 shares of the company’s stock worth $88,864,000 after acquiring an additional 1,972,404 shares during the last quarter.

Capital Group Dividend Value ETF Price Performance

NYSEARCA CGDV opened at $41.09 on Friday. The firm has a market cap of $20.16 billion, a PE ratio of 26.59 and a beta of 0.91. Capital Group Dividend Value ETF has a one year low of $30.94 and a one year high of $41.30. The stock’s 50 day simple moving average is $39.97 and its 200 day simple moving average is $37.31.

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.