EverSource Wealth Advisors LLC Cuts Position in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

EverSource Wealth Advisors LLC decreased its position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 1.1% during the fourth quarter, Holdings Channel reports. The firm owned 58,052 shares of the company’s stock after selling 636 shares during the quarter. EverSource Wealth Advisors LLC’s holdings in Capital Group Dividend Value ETF were worth $2,047,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of CGDV. Raymond James Financial Inc. purchased a new position in Capital Group Dividend Value ETF in the fourth quarter valued at $601,244,000. LPL Financial LLC increased its holdings 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 valued at $589,200,000 after buying an additional 3,415,106 shares during the last quarter. Advance Capital Management Inc. boosted its stake in Capital Group Dividend Value ETF by 0.4% in the fourth quarter. Advance Capital Management Inc. now owns 10,826,570 shares of the company’s stock valued at $381,745,000 after acquiring an additional 40,491 shares in the last quarter. Confluence Wealth Services Inc. boosted its stake in Capital Group Dividend Value ETF by 9.0% in the fourth quarter. Confluence Wealth Services Inc. now owns 4,708,770 shares of the company’s stock valued at $172,341,000 after acquiring an additional 388,981 shares in the last quarter. Finally, MML Investors Services LLC boosted its stake in Capital Group Dividend Value ETF by 8.1% in the third quarter. MML Investors Services LLC now owns 3,273,939 shares of the company’s stock valued at $119,302,000 after acquiring an additional 246,437 shares in the last quarter.

Capital Group Dividend Value ETF Price Performance

NYSEARCA CGDV opened at $35.64 on Thursday. Capital Group Dividend Value ETF has a 1 year low of $31.03 and a 1 year high of $37.38. The company has a market capitalization of $13.63 billion, a PE ratio of 25.21 and a beta of 0.90. The company has a fifty day moving average of $36.40 and a two-hundred day moving average of $36.25.

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.