Sigma Planning Corp Cuts Stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Sigma Planning Corp lessened its stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 21.3% in the 3rd quarter, Holdings Channel reports. The firm owned 292,423 shares of the company’s stock after selling 79,338 shares during the period. Sigma Planning Corp’s holdings in Capital Group Dividend Value ETF were worth $10,658,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of CGDV. Headlands Technologies LLC acquired a new position in shares of Capital Group Dividend Value ETF during the second quarter valued at approximately $27,000. Signaturefd LLC acquired a new position in Capital Group Dividend Value ETF in the 2nd quarter valued at $36,000. Hershey Financial Advisers LLC purchased a new position in Capital Group Dividend Value ETF in the 2nd quarter valued at $36,000. Russell Investments Group Ltd. acquired a new stake in Capital Group Dividend Value ETF during the 1st quarter worth $42,000. Finally, Ashton Thomas Private Wealth LLC purchased a new stake in shares of Capital Group Dividend Value ETF during the second quarter worth $88,000.

Capital Group Dividend Value ETF Stock Up 0.3 %

Shares of NYSEARCA CGDV opened at $37.05 on Friday. The firm has a 50-day simple moving average of $36.17 and a 200-day simple moving average of $34.46. The stock has a market capitalization of $8.44 billion, a price-to-earnings ratio of 22.38 and a beta of 0.92. Capital Group Dividend Value ETF has a 52 week low of $26.71 and a 52 week high of $37.17.

About Capital Group Dividend Value ETF

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.