Wealth Enhancement Advisory Services LLC Has $50.04 Million Stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Wealth Enhancement Advisory Services LLC boosted its stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 29.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,373,229 shares of the company’s stock after acquiring an additional 315,017 shares during the quarter. Wealth Enhancement Advisory Services LLC owned 0.60% of Capital Group Dividend Value ETF worth $50,040,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Headlands Technologies LLC bought a new position in shares of Capital Group Dividend Value ETF in the second quarter valued at approximately $27,000. Glassman Wealth Services bought a new position in Capital Group Dividend Value ETF in the 1st quarter valued at $29,000. Signaturefd LLC bought a new position in Capital Group Dividend Value ETF in the 2nd quarter valued at $36,000. Hershey Financial Advisers LLC acquired a new position in Capital Group Dividend Value ETF in the second quarter worth $36,000. Finally, Russell Investments Group Ltd. bought a new stake in shares of Capital Group Dividend Value ETF during the first quarter worth $42,000.

Capital Group Dividend Value ETF Stock Down 0.0 %

Shares of NYSEARCA:CGDV opened at $36.26 on Friday. The firm has a market cap of $8.26 billion, a P/E ratio of 22.38 and a beta of 0.92. Capital Group Dividend Value ETF has a 12 month low of $25.47 and a 12 month high of $37.17. The company’s 50-day moving average price is $35.96 and its two-hundred day moving average price is $34.12.

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.