Orion Portfolio Solutions LLC Has $21.89 Million Stock Position in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Orion Portfolio Solutions LLC raised its stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 2.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 620,865 shares of the company’s stock after purchasing an additional 16,426 shares during the period. Orion Portfolio Solutions LLC owned approximately 0.27% of Capital Group Dividend Value ETF worth $21,892,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Cerity Partners LLC grew its position in Capital Group Dividend Value ETF by 15.0% during the third quarter. Cerity Partners LLC now owns 62,822 shares of the company’s stock worth $2,289,000 after buying an additional 8,203 shares in the last quarter. Townsquare Capital LLC grew its holdings in shares of Capital Group Dividend Value ETF by 10.6% during the 3rd quarter. Townsquare Capital LLC now owns 20,602 shares of the company’s stock worth $751,000 after purchasing an additional 1,974 shares in the last quarter. Freedom Investment Management Inc. increased its position in shares of Capital Group Dividend Value ETF by 57.8% during the third quarter. Freedom Investment Management Inc. now owns 10,658 shares of the company’s stock valued at $388,000 after purchasing an additional 3,903 shares during the period. National Wealth Management Group LLC raised its stake in shares of Capital Group Dividend Value ETF by 3.9% in the third quarter. National Wealth Management Group LLC now owns 16,025 shares of the company’s stock valued at $584,000 after purchasing an additional 606 shares in the last quarter. Finally, WFA of San Diego LLC acquired a new position in shares of Capital Group Dividend Value ETF in the third quarter valued at $663,000.

Capital Group Dividend Value ETF Price Performance

CGDV opened at $36.11 on Friday. Capital Group Dividend Value ETF has a fifty-two week low of $31.03 and a fifty-two week high of $37.38. The company has a market capitalization of $14.31 billion, a P/E ratio of 24.80 and a beta of 0.90. The firm’s fifty day moving average price is $36.55 and its two-hundred day moving average price is $36.30.

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.