Dynamic Advisor Solutions LLC Has $5.64 Million Holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Dynamic Advisor Solutions LLC increased its holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 226.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 171,016 shares of the company’s stock after acquiring an additional 118,580 shares during the period. Dynamic Advisor Solutions LLC owned about 0.08% of Capital Group Dividend Value ETF worth $5,644,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Cerity Partners LLC bought a new position in shares of Capital Group Dividend Value ETF during the 4th quarter valued at approximately $1,428,000. Tennessee Valley Asset Management Partners bought a new position in shares of Capital Group Dividend Value ETF during the 4th quarter valued at approximately $26,000. Saxony Capital Management LLC bought a new position in Capital Group Dividend Value ETF in the 4th quarter worth approximately $206,000. Simplicity Solutions LLC boosted its holdings in Capital Group Dividend Value ETF by 18.0% in the 4th quarter. Simplicity Solutions LLC now owns 88,128 shares of the company’s stock worth $2,630,000 after buying an additional 13,428 shares during the period. Finally, Carnegie Capital Asset Management LLC boosted its holdings in Capital Group Dividend Value ETF by 4.8% in the 4th quarter. Carnegie Capital Asset Management LLC now owns 50,914 shares of the company’s stock worth $1,519,000 after buying an additional 2,318 shares during the period.

Capital Group Dividend Value ETF Stock Performance

Capital Group Dividend Value ETF stock opened at $33.89 on Tuesday. The firm’s fifty day moving average price is $33.60 and its 200-day moving average price is $32.41. The stock has a market cap of $7.72 billion, a P/E ratio of 22.38 and a beta of 0.92. Capital Group Dividend Value ETF has a fifty-two week low of $25.47 and a fifty-two week high of $35.28.

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.