WFA of San Diego LLC Invests $663,000 in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

WFA of San Diego LLC purchased a new position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 18,185 shares of the company’s stock, valued at approximately $663,000.

Other large investors have also bought and sold shares of the company. LPL Financial LLC boosted its stake in Capital Group Dividend Value ETF by 26.8% in the third quarter. LPL Financial LLC now owns 16,169,046 shares of the company’s stock worth $589,200,000 after purchasing an additional 3,415,106 shares in the last quarter. Advance Capital Management Inc. increased its holdings in shares of Capital Group Dividend Value ETF by 18.5% in the third 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 in the last quarter. Raymond James Financial Services Advisors Inc. raised its position in 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 purchasing an additional 519,112 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in 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 in the last quarter. Finally, Envestnet Asset Management Inc. boosted its position 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 during the last quarter.

Capital Group Dividend Value ETF Stock Performance

NYSEARCA CGDV opened at $36.81 on Thursday. Capital Group Dividend Value ETF has a 52 week low of $27.86 and a 52 week high of $37.17. The stock has a market capitalization of $8.39 billion, a P/E ratio of 22.38 and a beta of 0.92. The stock has a fifty day moving average of $36.47 and a 200-day moving average of $34.83.

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.