Transcendent Capital Group LLC Has $2.17 Million Stock Holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Transcendent Capital Group LLC grew its position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 854.1% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 59,602 shares of the company’s stock after purchasing an additional 53,355 shares during the period. Capital Group Dividend Value ETF comprises approximately 1.1% of Transcendent Capital Group LLC’s holdings, making the stock its 28th largest holding. Transcendent Capital Group LLC’s holdings in Capital Group Dividend Value ETF were worth $2,172,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Oppenheimer & Co. Inc. boosted its holdings in shares of Capital Group Dividend Value ETF by 8.5% during the first quarter. Oppenheimer & Co. Inc. now owns 62,894 shares of the company’s stock worth $2,044,000 after purchasing an additional 4,905 shares during the period. Thoroughbred Financial Services LLC raised its holdings in shares of Capital Group Dividend Value ETF by 90.8% during the first quarter. Thoroughbred Financial Services LLC now owns 18,535 shares of the company’s stock worth $602,000 after acquiring an additional 8,821 shares in the last quarter. Russell Investments Group Ltd. acquired a new stake in Capital Group Dividend Value ETF during the first quarter valued at $42,000. US Bancorp DE acquired a new position in Capital Group Dividend Value ETF in the 1st quarter worth about $638,000. Finally, Avantax Advisory Services Inc. raised its stake in shares of Capital Group Dividend Value ETF by 82.0% during the 1st quarter. Avantax Advisory Services Inc. now owns 333,291 shares of the company’s stock worth $10,832,000 after purchasing an additional 150,173 shares in the last quarter.

Capital Group Dividend Value ETF Price Performance

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