Capital Group Dividend Value ETF (NYSEARCA:CGDV) Stock Holdings Increased by D.A. Davidson & CO.

D.A. Davidson & CO. grew its stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 10.9% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 243,053 shares of the company’s stock after acquiring an additional 23,905 shares during the period. D.A. Davidson & CO. owned 0.11% of Capital Group Dividend Value ETF worth $8,021,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of CGDV. Clearview Wealth Advisors LLC bought a new stake in shares of Capital Group Dividend Value ETF in the 2nd quarter valued at approximately $7,798,000. Valmark Advisers Inc. increased its stake in shares of Capital Group Dividend Value ETF by 12.8% during the 2nd quarter. Valmark Advisers Inc. now owns 663,862 shares of the company’s stock worth $21,907,000 after purchasing an additional 75,447 shares during the last quarter. Essex Financial Services Inc. increased its stake in shares of Capital Group Dividend Value ETF by 50.9% during the 2nd quarter. Essex Financial Services Inc. now owns 189,308 shares of the company’s stock worth $6,272,000 after purchasing an additional 63,831 shares during the last quarter. WR Wealth Planners LLC raised its holdings in shares of Capital Group Dividend Value ETF by 0.9% during the 2nd quarter. WR Wealth Planners LLC now owns 219,444 shares of the company’s stock valued at $7,242,000 after purchasing an additional 1,935 shares in the last quarter. Finally, CWS Financial Advisors LLC lifted its stake in shares of Capital Group Dividend Value ETF by 11.5% in the 2nd quarter. CWS Financial Advisors LLC now owns 23,598 shares of the company’s stock valued at $779,000 after purchasing an additional 2,441 shares during the last quarter.

Capital Group Dividend Value ETF Stock Performance

Shares of CGDV stock opened at $35.76 on Monday. The stock’s 50 day simple moving average is $34.17 and its 200 day simple moving average is $32.89. Capital Group Dividend Value ETF has a twelve month low of $25.47 and a twelve month high of $35.78. The company has a market capitalization of $8.15 billion, a price-to-earnings ratio of 22.38 and a beta of 0.92.

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.