LPL Financial LLC Increases Stock Holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

LPL Financial LLC raised its stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 26.8% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 16,169,046 shares of the company’s stock after purchasing an additional 3,415,106 shares during the quarter. LPL Financial LLC owned approximately 7.09% of Capital Group Dividend Value ETF worth $589,200,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Harbor Investment Advisory LLC lifted its stake in shares of Capital Group Dividend Value ETF by 2.1% in the 3rd quarter. Harbor Investment Advisory LLC now owns 14,600 shares of the company’s stock valued at $532,000 after purchasing an additional 300 shares during the period. Thurston Springer Miller Herd & Titak Inc. raised its holdings in Capital Group Dividend Value ETF by 7.3% in the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 4,475 shares of the company’s stock worth $163,000 after purchasing an additional 304 shares in the last quarter. Lion Street Advisors LLC lifted its position in Capital Group Dividend Value ETF by 4.2% during the second quarter. Lion Street Advisors LLC now owns 9,575 shares of the company’s stock valued at $316,000 after buying an additional 384 shares during the period. Financial Perspectives Inc boosted its holdings in shares of Capital Group Dividend Value ETF by 6.3% during the 2nd quarter. Financial Perspectives Inc now owns 7,906 shares of the company’s stock valued at $261,000 after buying an additional 468 shares in the last quarter. Finally, Clear Point Advisors Inc. grew its position in shares of Capital Group Dividend Value ETF by 1.6% in the 1st quarter. Clear Point Advisors Inc. now owns 37,100 shares of the company’s stock worth $1,206,000 after buying an additional 583 shares during the period.

Capital Group Dividend Value ETF Price Performance

Shares of Capital Group Dividend Value ETF stock opened at $36.16 on Thursday. Capital Group Dividend Value ETF has a 1 year low of $27.86 and a 1 year high of $37.17. The company has a 50-day moving average of $36.38 and a 200 day moving average of $34.70. The firm has a market cap of $8.24 billion, a price-to-earnings ratio of 22.38 and a beta of 0.92.

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.