Capital Group Dividend Value ETF (NYSEARCA:CGDV) Shares Sold by Essex Financial Services Inc.

Essex Financial Services Inc. trimmed its position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 0.2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 193,017 shares of the company’s stock after selling 453 shares during the period. Essex Financial Services Inc.’s holdings in Capital Group Dividend Value ETF were worth $6,806,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in CGDV. LPL Financial LLC lifted its holdings in shares of Capital Group Dividend Value ETF by 26.8% in the third quarter. LPL Financial LLC now owns 16,169,046 shares of the company’s stock valued at $589,200,000 after buying an additional 3,415,106 shares during the period. Commonwealth Equity Services LLC lifted its holdings in Capital Group Dividend Value ETF by 18.9% in the 3rd quarter. Commonwealth Equity Services LLC now owns 7,056,545 shares of the company’s stock valued at $257,140,000 after acquiring an additional 1,121,465 shares during the last quarter. Raymond James & Associates boosted its position in shares of Capital Group Dividend Value ETF by 19.9% during the 3rd quarter. Raymond James & Associates now owns 6,654,717 shares of the company’s stock valued at $242,498,000 after purchasing an additional 1,104,402 shares in the last quarter. Summit Investment Advisory Services LLC acquired a new position in shares of Capital Group Dividend Value ETF in the 3rd quarter worth approximately $32,260,000. Finally, International Assets Investment Management LLC grew its stake in shares of Capital Group Dividend Value ETF by 5,953.4% in the 3rd quarter. International Assets Investment Management LLC now owns 649,106 shares of the company’s stock worth $236,530,000 after purchasing an additional 638,383 shares during the last quarter.

Capital Group Dividend Value ETF Price Performance

CGDV stock opened at $37.13 on Tuesday. The firm has a market cap of $8.46 billion, a PE ratio of 22.38 and a beta of 0.92. Capital Group Dividend Value ETF has a 12 month low of $29.86 and a 12 month high of $37.28. The firm has a 50 day simple moving average of $36.08 and a 200 day simple moving average of $35.91.

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.