Advance Capital Management Inc. Grows Stock Holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Advance Capital Management Inc. boosted its holdings in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 0.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 10,826,570 shares of the company’s stock after purchasing an additional 40,491 shares during the period. Capital Group Dividend Value ETF makes up approximately 17.5% of Advance Capital Management Inc.’s holdings, making the stock its 3rd biggest position. Advance Capital Management Inc. owned about 4.75% of Capital Group Dividend Value ETF worth $381,745,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. Harbor Investment Advisory LLC boosted its stake in shares of Capital Group Dividend Value ETF by 2.1% during the 3rd quarter. Harbor Investment Advisory LLC now owns 14,600 shares of the company’s stock worth $532,000 after acquiring an additional 300 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. increased its stake in Capital Group Dividend Value ETF by 7.3% in the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 4,475 shares of the company’s stock worth $163,000 after purchasing an additional 304 shares in the last quarter. Peapack Gladstone Financial Corp raised its holdings in Capital Group Dividend Value ETF by 0.5% during the 3rd quarter. Peapack Gladstone Financial Corp now owns 80,610 shares of the company’s stock worth $2,937,000 after buying an additional 440 shares during the period. Financial Perspectives Inc lifted its stake in Capital Group Dividend Value ETF by 6.3% during the second quarter. Financial Perspectives Inc now owns 7,906 shares of the company’s stock valued at $261,000 after buying an additional 468 shares in the last quarter. Finally, Financial Council LLC boosted its holdings in shares of Capital Group Dividend Value ETF by 1.5% in the third quarter. Financial Council LLC now owns 31,514 shares of the company’s stock worth $1,148,000 after buying an additional 473 shares during the period.

Capital Group Dividend Value ETF Stock Up 0.3 %

Shares of CGDV stock traded up $0.11 during trading hours on Monday, reaching $35.65. 3,378,470 shares of the stock traded hands, compared to its average volume of 3,332,229. The firm has a market capitalization of $8.12 billion, a PE ratio of 22.38 and a beta of 0.92. Capital Group Dividend Value ETF has a 1-year low of $29.23 and a 1-year high of $37.17. The business has a fifty day moving average price of $36.25 and a 200 day moving average price of $35.44.

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.