Prospect Financial Services LLC Acquires 1,129 Shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Prospect Financial Services LLC grew its holdings in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 16.6% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 7,924 shares of the company’s stock after buying an additional 1,129 shares during the period. Prospect Financial Services LLC’s holdings in Capital Group Dividend Value ETF were worth $279,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Marshall Wace LLP acquired a new position in shares of Capital Group Dividend Value ETF during the second quarter worth approximately $1,789,000. Magnolia Capital Advisors LLC acquired a new position in Capital Group Dividend Value ETF during the second quarter worth $1,453,000. Creative Planning lifted its stake in shares of Capital Group Dividend Value ETF by 27.8% in the second quarter. Creative Planning now owns 20,653 shares of the company’s stock valued at $682,000 after buying an additional 4,493 shares in the last quarter. Sunbelt Securities Inc. grew its holdings in shares of Capital Group Dividend Value ETF by 18.5% during the second quarter. Sunbelt Securities Inc. now owns 107,255 shares of the company’s stock valued at $3,539,000 after buying an additional 16,759 shares during the last quarter. Finally, High Falls Advisors Inc increased its position in shares of Capital Group Dividend Value ETF by 21.5% during the second quarter. High Falls Advisors Inc now owns 8,542 shares of the company’s stock worth $282,000 after acquiring an additional 1,509 shares in the last quarter.

Capital Group Dividend Value ETF Price Performance

NYSEARCA CGDV opened at $36.62 on Tuesday. The company has a fifty day moving average price of $36.05 and a 200-day moving average price of $35.72. The firm has a market cap of $8.35 billion, a price-to-earnings ratio of 22.38 and a beta of 0.92. Capital Group Dividend Value ETF has a 1 year low of $29.85 and a 1 year high of $37.17.

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.