Capital Group Dividend Value ETF (NYSEARCA:CGDV) Shares Bought by Gladstone Institutional Advisory LLC

Gladstone Institutional Advisory LLC grew its holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 174.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 27,784 shares of the company’s stock after acquiring an additional 17,670 shares during the quarter. Gladstone Institutional Advisory LLC’s holdings in Capital Group Dividend Value ETF were worth $980,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in CGDV. Professional Financial Advisors LLC raised its position in shares of Capital Group Dividend Value ETF by 1.2% in the 4th quarter. Professional Financial Advisors LLC now owns 32,882 shares of the company’s stock valued at $1,159,000 after purchasing an additional 383 shares during the last quarter. Blue Trust Inc. increased its stake in Capital Group Dividend Value ETF by 33.3% during the 4th quarter. Blue Trust Inc. now owns 1,600 shares of the company’s stock valued at $58,000 after purchasing an additional 400 shares in the last quarter. Carnegie Lake Advisors LLC raised its holdings in shares of Capital Group Dividend Value ETF by 7.3% in the fourth quarter. Carnegie Lake Advisors LLC now owns 6,142 shares of the company’s stock worth $217,000 after buying an additional 420 shares during the last quarter. Peapack Gladstone Financial Corp lifted its stake in shares of Capital Group Dividend Value ETF by 0.5% during the third quarter. Peapack Gladstone Financial Corp now owns 80,610 shares of the company’s stock worth $2,937,000 after buying an additional 440 shares during the period. Finally, Stratos Wealth Advisors LLC grew its holdings in shares of Capital Group Dividend Value ETF by 0.8% during the fourth quarter. Stratos Wealth Advisors LLC now owns 54,443 shares of the company’s stock valued at $1,920,000 after buying an additional 449 shares during the last quarter.

Capital Group Dividend Value ETF Price Performance

NYSEARCA CGDV opened at $37.36 on Friday. The company has a market cap of $8.51 billion, a price-to-earnings ratio of 22.38 and a beta of 0.92. The stock’s fifty day moving average price is $36.11 and its 200 day moving average price is $35.94. Capital Group Dividend Value ETF has a 1 year low of $30.11 and a 1 year high of $37.37.

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.