Capital Group Dividend Value ETF (NYSEARCA:CGDV) Shares Acquired by Royal Harbor Partners LLC

Royal Harbor Partners LLC lifted its holdings in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 4.0% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 454,868 shares of the company’s stock after buying an additional 17,459 shares during the quarter. Capital Group Dividend Value ETF makes up approximately 6.1% of Royal Harbor Partners LLC’s investment portfolio, making the stock its 5th largest position. Royal Harbor Partners LLC’s holdings in Capital Group Dividend Value ETF were worth $16,039,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Raymond James Financial Inc. acquired a new stake in Capital Group Dividend Value ETF during the fourth quarter worth approximately $601,244,000. LPL Financial LLC increased its stake in Capital Group Dividend Value ETF by 26.8% during the 3rd quarter. LPL Financial LLC now owns 16,169,046 shares of the company’s stock worth $589,200,000 after buying an additional 3,415,106 shares during the period. Advance Capital Management Inc. increased its position in shares of Capital Group Dividend Value ETF by 0.4% in the 4th quarter. Advance Capital Management Inc. now owns 10,826,570 shares of the company’s stock worth $381,745,000 after purchasing an additional 40,491 shares during the last quarter. Confluence Wealth Services Inc. increased its position in shares of Capital Group Dividend Value ETF by 9.0% in the 4th quarter. Confluence Wealth Services Inc. now owns 4,708,770 shares of the company’s stock worth $172,341,000 after purchasing an additional 388,981 shares during the last quarter. Finally, MML Investors Services LLC boosted its holdings in shares of Capital Group Dividend Value ETF by 8.1% in the 3rd quarter. MML Investors Services LLC now owns 3,273,939 shares of the company’s stock valued at $119,302,000 after buying an additional 246,437 shares during the period.

Capital Group Dividend Value ETF Stock Up 1.5 %

Capital Group Dividend Value ETF stock opened at $36.67 on Thursday. The firm has a 50-day moving average price of $36.33 and a two-hundred day moving average price of $36.22. The firm has a market capitalization of $14.02 billion, a price-to-earnings ratio of 25.21 and a beta of 0.90. Capital Group Dividend Value ETF has a 52-week low of $31.03 and a 52-week high of $37.38.

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.