Jacobi Capital Management LLC Boosts Stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Jacobi Capital Management LLC boosted its stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 8.6% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 37,748 shares of the company’s stock after buying an additional 2,987 shares during the quarter. Jacobi Capital Management LLC’s holdings in Capital Group Dividend Value ETF were worth $1,331,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of CGDV. LPL Financial LLC lifted its stake in shares of 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 worth $589,200,000 after purchasing an additional 3,415,106 shares during the period. Benjamin Edwards Inc. purchased a new position in shares of Capital Group Dividend Value ETF during the 3rd quarter worth $21,765,000. Financial Services Advisory Inc lifted its stake in shares of Capital Group Dividend Value ETF by 115.3% during the 3rd quarter. Financial Services Advisory Inc now owns 971,968 shares of the company’s stock worth $35,419,000 after purchasing an additional 520,531 shares during the period. Royal Harbor Partners LLC purchased a new position in shares of Capital Group Dividend Value ETF during the 3rd quarter worth $15,939,000. Finally, Private Advisor Group LLC lifted its stake in shares of 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 worth $52,223,000 after purchasing an additional 421,804 shares during the period.

Capital Group Dividend Value ETF Stock Up 1.2 %

Shares of Capital Group Dividend Value ETF stock opened at $36.98 on Friday. Capital Group Dividend Value ETF has a fifty-two week low of $30.98 and a fifty-two week high of $37.38. The firm has a market cap of $14.14 billion, a PE ratio of 25.21 and a beta of 0.90. The business’s fifty day moving average is $36.31 and its two-hundred day 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.