Capital Group Dividend Value ETF (NYSEARCA:CGDV) Shares Purchased by Continuum Advisory LLC

Continuum Advisory LLC boosted its position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 6.6% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 882,226 shares of the company’s stock after acquiring an additional 54,671 shares during the period. Capital Group Dividend Value ETF accounts for 4.0% of Continuum Advisory LLC’s investment portfolio, making the stock its biggest holding. Continuum Advisory LLC owned approximately 0.39% of Capital Group Dividend Value ETF worth $32,025,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of the stock. LPL Financial LLC lifted its holdings 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 acquiring an additional 3,415,106 shares during the period. Advance Capital Management Inc. grew its stake in shares of Capital Group Dividend Value ETF by 18.5% in the 3rd quarter. Advance Capital Management Inc. now owns 10,786,079 shares of the company’s stock valued at $393,045,000 after purchasing an additional 1,686,328 shares during the period. Raymond James Financial Services Advisors Inc. raised its holdings in shares of Capital Group Dividend Value ETF by 6.1% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 9,000,947 shares of the company’s stock worth $297,031,000 after buying an additional 519,112 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in shares of Capital Group Dividend Value ETF by 7.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 8,864,888 shares of the company’s stock worth $292,541,000 after buying an additional 630,942 shares during the period. Finally, Envestnet Asset Management Inc. boosted its stake in Capital Group Dividend Value ETF by 15.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 8,007,181 shares of the company’s stock valued at $264,237,000 after buying an additional 1,042,548 shares in the last quarter.

Capital Group Dividend Value ETF Stock Performance

Shares of NYSEARCA CGDV opened at $36.67 on Monday. The business has a fifty day moving average of $36.56 and a two-hundred day moving average of $35.04. Capital Group Dividend Value ETF has a 52-week low of $27.94 and a 52-week high of $37.17. The stock has a market cap of $8.36 billion, a PE 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.