Good Life Advisors LLC Buys 121,429 Shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Good Life Advisors LLC grew its stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 41.1% in the 3rd quarter, Holdings Channel reports. The firm owned 417,216 shares of the company’s stock after purchasing an additional 121,429 shares during the period. Capital Group Dividend Value ETF makes up about 0.9% of Good Life Advisors LLC’s portfolio, making the stock its 22nd biggest position. Good Life Advisors LLC’s holdings in Capital Group Dividend Value ETF were worth $15,203,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the stock. Oppenheimer & Co. Inc. grew its position in shares of Capital Group Dividend Value ETF by 8.5% in the 1st quarter. Oppenheimer & Co. Inc. now owns 62,894 shares of the company’s stock worth $2,044,000 after buying an additional 4,905 shares during the period. Thoroughbred Financial Services LLC grew its position in shares of Capital Group Dividend Value ETF by 90.8% in the 1st quarter. Thoroughbred Financial Services LLC now owns 18,535 shares of the company’s stock worth $602,000 after buying an additional 8,821 shares during the period. Kingsview Wealth Management LLC grew its position in shares of Capital Group Dividend Value ETF by 8.5% in the 1st quarter. Kingsview Wealth Management LLC now owns 17,570 shares of the company’s stock worth $571,000 after buying an additional 1,375 shares during the period. Accel Wealth Management grew its position in shares of Capital Group Dividend Value ETF by 21.2% in the 1st quarter. Accel Wealth Management now owns 11,528 shares of the company’s stock worth $375,000 after buying an additional 2,014 shares during the period. Finally, J.W. Cole Advisors Inc. grew its position in shares of Capital Group Dividend Value ETF by 4.6% in the 1st quarter. J.W. Cole Advisors Inc. now owns 8,403 shares of the company’s stock worth $273,000 after buying an additional 367 shares during the period.

Capital Group Dividend Value ETF Stock Up 0.1 %

Shares of NYSEARCA:CGDV traded up $0.02 during midday trading on Thursday, reaching $36.97. The company’s stock had a trading volume of 393,189 shares, compared to its average volume of 1,606,516. The firm has a 50 day moving average of $35.63 and a 200-day moving average of $33.91. The firm has a market capitalization of $8.43 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.

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.