Tradition Wealth Management LLC Has $997,000 Stake in Capital Group Dividend Value ETF $CGDV

Tradition Wealth Management LLC boosted its holdings in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 3.3% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 27,974 shares of the company’s stock after buying an additional 883 shares during the quarter. Tradition Wealth Management LLC’s holdings in Capital Group Dividend Value ETF were worth $997,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of CGDV. LPL Financial LLC increased its position in Capital Group Dividend Value ETF by 34.0% during the first quarter. LPL Financial LLC now owns 29,452,035 shares of the company’s stock worth $1,049,670,000 after buying an additional 7,468,408 shares during the last quarter. Envestnet Asset Management Inc. increased its position in Capital Group Dividend Value ETF by 36.6% during the first 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 during the last quarter. D.A. Davidson & CO. increased its position in Capital Group Dividend Value ETF by 739.0% during the first 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 during the last quarter. Cetera Investment Advisers grew its position in shares of Capital Group Dividend Value ETF by 42.2% in the fourth quarter. Cetera Investment Advisers now owns 8,447,056 shares of the company’s stock valued at $297,843,000 after purchasing an additional 2,508,825 shares during the last quarter. Finally, HighTower Advisors LLC grew its position in shares of Capital Group Dividend Value ETF by 378.6% in the first quarter. HighTower Advisors LLC now owns 2,493,381 shares of the company’s stock valued at $88,864,000 after purchasing an additional 1,972,404 shares during the last quarter.

Capital Group Dividend Value ETF Stock Performance

Shares of NYSEARCA:CGDV opened at $40.99 on Thursday. The company has a market cap of $20.11 billion, a P/E ratio of 26.59 and a beta of 0.91. The stock’s 50-day moving average is $40.13 and its 200-day moving average is $37.40. Capital Group Dividend Value ETF has a 52-week low of $30.94 and a 52-week high of $41.30.

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.