KWB Wealth Acquires Shares of 25,970 Capital Group Dividend Value ETF (NYSEARCA:CGDV)

KWB Wealth bought a new stake in Capital Group Dividend Value ETF (NYSEARCA:CGDVFree Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 25,970 shares of the company’s stock, valued at approximately $946,000.

Several other institutional investors have also modified their holdings of the stock. LPL Financial LLC grew its position 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 valued at $589,200,000 after purchasing an additional 3,415,106 shares during the period. Advance Capital Management Inc. grew its position in shares of 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 purchasing an additional 40,491 shares during the period. Northwestern Mutual Wealth Management Co. grew its position in shares of Capital Group Dividend Value ETF by 7.7% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 8,864,888 shares of the company’s stock valued at $292,541,000 after purchasing an additional 630,942 shares during the period. Commonwealth Equity Services LLC grew its position in shares of Capital Group Dividend Value ETF by 18.9% in the third quarter. Commonwealth Equity Services LLC now owns 7,056,545 shares of the company’s stock valued at $257,140,000 after purchasing an additional 1,121,465 shares during the period. Finally, Raymond James & Associates grew its position in shares of Capital Group Dividend Value ETF by 19.9% in the third quarter. Raymond James & Associates now owns 6,654,717 shares of the company’s stock valued at $242,498,000 after purchasing an additional 1,104,402 shares during the period.

Capital Group Dividend Value ETF Stock Up 0.3 %

Shares of NYSEARCA CGDV opened at $35.05 on Tuesday. The company’s 50-day simple moving average is $36.15 and its 200-day simple moving average is $35.53. Capital Group Dividend Value ETF has a 52-week low of $29.23 and a 52-week high of $37.17. The firm has a market cap of $7.99 billion, a price-to-earnings ratio of 22.38 and a beta of 0.92.

About Capital Group Dividend Value ETF

(Free Report)

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.

See Also

Want to see what other hedge funds are holding CGDV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Capital Group Dividend Value ETF (NYSEARCA:CGDVFree Report).

Institutional Ownership by Quarter for Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Receive News & Ratings for Capital Group Dividend Value ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capital Group Dividend Value ETF and related companies with MarketBeat.com's FREE daily email newsletter.