Capital Group Dividend Value ETF (NYSEARCA:CGDV) Shares Acquired by National Wealth Management Group LLC

National Wealth Management Group LLC increased its holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 3.9% during the third quarter, HoldingsChannel.com reports. The fund owned 16,025 shares of the company’s stock after buying an additional 606 shares during the period. National Wealth Management Group LLC’s holdings in Capital Group Dividend Value ETF were worth $584,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also modified their holdings of CGDV. Russell Investments Group Ltd. acquired a new position in shares of Capital Group Dividend Value ETF in the 1st quarter valued at $42,000. Comerica Bank increased its stake in Capital Group Dividend Value ETF by 24.2% in the 1st quarter. Comerica Bank now owns 9,523 shares of the company’s stock valued at $309,000 after buying an additional 1,855 shares during the period. Cetera Investment Advisers increased its stake in Capital Group Dividend Value ETF by 256.8% in the 1st quarter. Cetera Investment Advisers now owns 4,319,438 shares of the company’s stock valued at $140,382,000 after buying an additional 3,108,678 shares during the period. Cetera Advisors LLC increased its stake in Capital Group Dividend Value ETF by 40.6% in the 1st quarter. Cetera Advisors LLC now owns 1,503,859 shares of the company’s stock valued at $48,875,000 after buying an additional 433,886 shares during the period. Finally, Cetera Advisor Networks LLC increased its stake in Capital Group Dividend Value ETF by 12.4% in the 1st quarter. Cetera Advisor Networks LLC now owns 1,739,238 shares of the company’s stock valued at $56,525,000 after buying an additional 191,894 shares during the period.

Capital Group Dividend Value ETF Stock Performance

Shares of CGDV opened at $36.81 on Thursday. The stock has a market capitalization of $8.39 billion, a P/E ratio of 22.38 and a beta of 0.92. The company’s fifty day moving average is $36.47 and its two-hundred day moving average is $34.83. Capital Group Dividend Value ETF has a 1 year low of $27.86 and a 1 year high of $37.17.

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.