Axxcess Wealth Management LLC Cuts Stock Holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Axxcess Wealth Management LLC decreased its holdings in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 3.5% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 626,102 shares of the company’s stock after selling 22,548 shares during the period. Axxcess Wealth Management LLC owned 0.27% of Capital Group Dividend Value ETF worth $22,076,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the business. Cozad Asset Management Inc. boosted its stake in Capital Group Dividend Value ETF by 11.5% in the 4th quarter. Cozad Asset Management Inc. now owns 55,597 shares of the company’s stock worth $1,960,000 after purchasing an additional 5,747 shares in the last quarter. IMG Wealth Management Inc. acquired a new stake in Capital Group Dividend Value ETF in the 4th quarter worth approximately $6,881,000. GWN Securities Inc. acquired a new stake in Capital Group Dividend Value ETF in the 4th quarter worth approximately $1,031,000. Harbour Investments Inc. boosted its stake in Capital Group Dividend Value ETF by 28.4% in the 4th quarter. Harbour Investments Inc. now owns 418,621 shares of the company’s stock worth $14,761,000 after purchasing an additional 92,648 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. boosted its stake in Capital Group Dividend Value ETF by 18.0% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 557,351 shares of the company’s stock worth $19,652,000 after purchasing an additional 84,851 shares in the last quarter.

Capital Group Dividend Value ETF Trading Up 0.9 %

Shares of NYSEARCA CGDV opened at $36.11 on Tuesday. Capital Group Dividend Value ETF has a 12 month low of $31.03 and a 12 month high of $37.38. The company has a 50 day simple moving average of $36.41 and a two-hundred day simple moving average of $36.26. The stock has a market cap of $14.31 billion, a price-to-earnings ratio of 24.80 and a beta of 0.90.

Capital Group Dividend Value ETF 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.