Erickson Financial Group LLC Has $29.34 Million Stock Holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Erickson Financial Group LLC lifted its holdings in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 2.2% during the fourth quarter, Holdings Channel.com reports. The firm owned 832,045 shares of the company’s stock after acquiring an additional 18,005 shares during the quarter. Capital Group Dividend Value ETF makes up 20.9% of Erickson Financial Group LLC’s investment portfolio, making the stock its biggest holding. Erickson Financial Group LLC’s holdings in Capital Group Dividend Value ETF were worth $29,338,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of CGDV. Lodestone Wealth Management LLC boosted its holdings in Capital Group Dividend Value ETF by 0.6% in the fourth quarter. Lodestone Wealth Management LLC now owns 116,407 shares of the company’s stock valued at $4,104,000 after acquiring an additional 683 shares during the last quarter. Nations Financial Group Inc. IA ADV boosted its stake in shares of Capital Group Dividend Value ETF by 850.2% in the 4th quarter. Nations Financial Group Inc. IA ADV now owns 223,143 shares of the company’s stock valued at $7,868,000 after purchasing an additional 199,660 shares during the last quarter. PUREfi Wealth LLC acquired a new stake in shares of Capital Group Dividend Value ETF during the fourth quarter worth $307,000. Walkner Condon Financial Advisors LLC raised its stake in Capital Group Dividend Value ETF by 38.3% during the fourth quarter. Walkner Condon Financial Advisors LLC now owns 8,300 shares of the company’s stock worth $293,000 after buying an additional 2,300 shares during the last quarter. Finally, Gladstone Institutional Advisory LLC lifted its holdings in Capital Group Dividend Value ETF by 174.7% in the fourth quarter. Gladstone Institutional Advisory LLC now owns 27,784 shares of the company’s stock valued at $980,000 after buying an additional 17,670 shares during the period.

Capital Group Dividend Value ETF Trading Down 0.4 %

Shares of Capital Group Dividend Value ETF stock opened at $37.20 on Friday. The business has a 50-day moving average price of $36.12 and a two-hundred day moving average price of $35.97. Capital Group Dividend Value ETF has a 1-year low of $30.28 and a 1-year high of $37.38. The company has a market cap of $8.48 billion, a P/E ratio of 22.38 and a beta of 0.92.

Capital Group Dividend Value ETF Company 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.