Kestra Advisory Services LLC Grows Position in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Kestra Advisory Services LLC increased its position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 23.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 3,697,300 shares of the company’s stock after purchasing an additional 696,412 shares during the period. Capital Group Dividend Value ETF makes up 0.7% of Kestra Advisory Services LLC’s portfolio, making the stock its 17th largest holding. Kestra Advisory Services LLC owned about 1.62% of Capital Group Dividend Value ETF worth $130,367,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the company. Prime Capital Investment Advisors LLC boosted its position in Capital Group Dividend Value ETF by 7.7% in the 3rd quarter. Prime Capital Investment Advisors LLC now owns 23,266 shares of the company’s stock valued at $848,000 after buying an additional 1,671 shares during the period. Oppenheimer & Co. Inc. raised its holdings in shares of Capital Group Dividend Value ETF by 7.2% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 77,631 shares of the company’s stock valued at $2,829,000 after purchasing an additional 5,226 shares in the last quarter. Kovack Advisors Inc. raised its holdings in shares of Capital Group Dividend Value ETF by 81.7% in the 3rd quarter. Kovack Advisors Inc. now owns 13,202 shares of the company’s stock valued at $481,000 after purchasing an additional 5,936 shares in the last quarter. Signature Estate & Investment Advisors LLC raised its holdings in shares of Capital Group Dividend Value ETF by 16.3% in the 3rd quarter. Signature Estate & Investment Advisors LLC now owns 195,445 shares of the company’s stock valued at $7,122,000 after purchasing an additional 27,432 shares in the last quarter. Finally, KPP Advisory Services LLC raised its holdings in shares of Capital Group Dividend Value ETF by 55.1% in the 3rd quarter. KPP Advisory Services LLC now owns 265,288 shares of the company’s stock valued at $9,667,000 after purchasing an additional 94,235 shares in the last quarter.

Capital Group Dividend Value ETF Stock Performance

NYSEARCA:CGDV opened at $35.79 on Friday. Capital Group Dividend Value ETF has a one year low of $31.03 and a one year high of $37.38. The firm has a market cap of $13.68 billion, a P/E ratio of 25.21 and a beta of 0.90. The firm has a 50-day simple moving average of $36.40 and a 200-day simple moving average of $36.24.

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.