Gateway Wealth Partners LLC Has $499,000 Stock Holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Gateway Wealth Partners LLC boosted its holdings in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 36.5% during the 4th quarter, Holdings Channel reports. The institutional investor owned 14,142 shares of the company’s stock after buying an additional 3,779 shares during the period. Gateway Wealth Partners LLC’s holdings in Capital Group Dividend Value ETF were worth $499,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. LPL Financial LLC grew its stake in 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 valued at $589,200,000 after acquiring an additional 3,415,106 shares in the last quarter. Advance Capital Management Inc. boosted its holdings in shares of Capital Group Dividend Value ETF by 18.5% during the third quarter. Advance Capital Management Inc. now owns 10,786,079 shares of the company’s stock worth $393,045,000 after purchasing an additional 1,686,328 shares during the period. Commonwealth Equity Services LLC grew its position in Capital Group Dividend Value ETF by 18.9% during 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 in the last quarter. Raymond James & Associates increased 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 during the period. Finally, Summit Investment Advisory Services LLC acquired a new position in Capital Group Dividend Value ETF in the 3rd quarter valued at approximately $32,260,000.

Capital Group Dividend Value ETF Stock Down 0.4 %

Shares of NYSEARCA:CGDV opened at $36.54 on Thursday. The firm has a fifty day moving average of $36.07 and a two-hundred day moving average of $35.74. Capital Group Dividend Value ETF has a 12-month low of $29.85 and a 12-month high of $37.17. The firm has a market capitalization of $8.33 billion, a P/E ratio of 22.38 and a beta of 0.92.

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.