Dynamic Advisor Solutions LLC Sells 1,361 Shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Dynamic Advisor Solutions LLC cut its holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 0.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 180,469 shares of the company’s stock after selling 1,361 shares during the period. Dynamic Advisor Solutions LLC owned 0.08% of Capital Group Dividend Value ETF worth $6,363,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in CGDV. LPL Financial LLC raised its position in shares of Capital Group Dividend Value ETF by 26.8% during the third quarter. LPL Financial LLC now owns 16,169,046 shares of the company’s stock valued at $589,200,000 after buying an additional 3,415,106 shares during the last quarter. Advance Capital Management Inc. grew its stake in Capital Group Dividend Value ETF by 18.5% during the third quarter. Advance Capital Management Inc. now owns 10,786,079 shares of the company’s stock valued at $393,045,000 after acquiring an additional 1,686,328 shares in the last quarter. Commonwealth Equity Services LLC increased its holdings in Capital Group Dividend Value ETF by 18.9% in the 3rd quarter. Commonwealth Equity Services LLC now owns 7,056,545 shares of the company’s stock valued at $257,140,000 after acquiring an additional 1,121,465 shares during the last quarter. Raymond James & Associates lifted its stake in Capital Group Dividend Value ETF by 19.9% in the 3rd quarter. Raymond James & Associates now owns 6,654,717 shares of the company’s stock worth $242,498,000 after purchasing an additional 1,104,402 shares in the last quarter. Finally, Summit Investment Advisory Services LLC bought a new position in shares of Capital Group Dividend Value ETF during the 3rd quarter valued at about $32,260,000.

Capital Group Dividend Value ETF Stock Up 0.1 %

Shares of Capital Group Dividend Value ETF stock opened at $36.64 on Friday. The firm has a market cap of $8.35 billion, a price-to-earnings ratio of 22.38 and a beta of 0.92. Capital Group Dividend Value ETF has a twelve month low of $29.85 and a twelve month high of $37.17. The business has a 50-day moving average price of $36.04 and a 200-day moving average price of $35.67.

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.