Jones Financial Companies Lllp Acquires 1,132,566 Shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Jones Financial Companies Lllp lifted its position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 73.0% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 2,685,061 shares of the company’s stock after purchasing an additional 1,132,566 shares during the period. Jones Financial Companies Lllp’s holdings in Capital Group Dividend Value ETF were worth $94,675,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also made changes to their positions in the company. LPL Financial LLC raised 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 acquiring an additional 3,415,106 shares during the period. Advance Capital Management Inc. lifted its stake 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 valued at $381,745,000 after purchasing an additional 40,491 shares during the last quarter. Confluence Wealth Services Inc. lifted its holdings 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 acquiring an additional 388,981 shares during the last quarter. MML Investors Services LLC boosted its position in shares of Capital Group Dividend Value ETF by 8.1% during the third 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. Finally, Johnson Bixby & Associates LLC boosted its stake in shares of Capital Group Dividend Value ETF by 2.7% during the fourth quarter. Johnson Bixby & Associates LLC now owns 1,988,521 shares of the company’s stock valued at $70,115,000 after purchasing an additional 51,838 shares during the period.

Capital Group Dividend Value ETF Stock Performance

NYSEARCA CGDV opened at $36.98 on Friday. The firm’s 50 day moving average price is $36.31 and its 200-day moving average price is $36.18. Capital Group Dividend Value ETF has a 52-week low of $30.98 and a 52-week high of $37.38. The company has a market cap of $14.14 billion, a PE ratio of 25.21 and a beta of 0.90.

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.