Goldstone Financial Group LLC Grows Holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Goldstone Financial Group LLC raised its position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 4.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 22,421 shares of the company’s stock after buying an additional 913 shares during the period. Goldstone Financial Group LLC’s holdings in Capital Group Dividend Value ETF were worth $791,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of CGDV. LPL Financial LLC lifted its stake in shares of 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 acquiring an additional 3,415,106 shares in the last quarter. Advance Capital Management Inc. raised its position in shares of Capital Group Dividend Value ETF by 18.5% in the 3rd 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. Commonwealth Equity Services LLC boosted its stake in shares of Capital Group Dividend Value ETF by 18.9% during the 3rd quarter. Commonwealth Equity Services LLC now owns 7,056,545 shares of the company’s stock valued at $257,140,000 after buying an additional 1,121,465 shares during the last quarter. Raymond James & Associates grew its position in shares of Capital Group Dividend Value ETF by 19.9% during the third quarter. Raymond James & Associates now owns 6,654,717 shares of the company’s stock worth $242,498,000 after buying an additional 1,104,402 shares in the last quarter. Finally, Summit Investment Advisory Services LLC bought a new stake in shares of Capital Group Dividend Value ETF in the third quarter worth $32,260,000.

Capital Group Dividend Value ETF Price Performance

NYSEARCA CGDV opened at $35.53 on Friday. The company has a market capitalization of $8.10 billion, a price-to-earnings ratio of 22.38 and a beta of 0.92. Capital Group Dividend Value ETF has a 12 month low of $29.23 and a 12 month high of $37.17. The company’s fifty day moving average price is $36.08 and its two-hundred day moving average price is $35.54.

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.