HighTower Advisors LLC Grows Stock Position in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

HighTower Advisors LLC raised its stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 4.7% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 520,977 shares of the company’s stock after buying an additional 23,376 shares during the period. HighTower Advisors LLC owned about 0.23% of Capital Group Dividend Value ETF worth $18,370,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of CGDV. Prime Capital Investment Advisors LLC increased its stake in shares of Capital Group Dividend Value ETF by 7.7% in the 3rd quarter. Prime Capital Investment Advisors LLC now owns 23,266 shares of the company’s stock valued at $848,000 after purchasing an additional 1,671 shares in the last quarter. Oppenheimer & Co. Inc. increased its stake in shares of Capital Group Dividend Value ETF by 7.2% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 77,631 shares of the company’s stock valued at $2,829,000 after purchasing an additional 5,226 shares in the last quarter. KPP Advisory Services LLC increased its stake in shares of Capital Group Dividend Value ETF by 55.1% in the 3rd quarter. KPP Advisory Services LLC now owns 265,288 shares of the company’s stock valued at $9,667,000 after purchasing an additional 94,235 shares in the last quarter. Cassady Schiller Wealth Management LLC purchased a new position in shares of Capital Group Dividend Value ETF in the 3rd quarter valued at about $83,000. Finally, Prospera Financial Services Inc increased its stake in shares of Capital Group Dividend Value ETF by 16.0% in the 3rd quarter. Prospera Financial Services Inc now owns 664,825 shares of the company’s stock valued at $24,226,000 after purchasing an additional 91,531 shares in the last quarter.

Capital Group Dividend Value ETF Stock Up 1.5 %

Shares of Capital Group Dividend Value ETF stock opened at $35.79 on Friday. Capital Group Dividend Value ETF has a twelve month low of $31.03 and a twelve month high of $37.38. The business has a 50-day moving average price of $36.40 and a 200 day moving average price of $36.25. The firm has a market cap of $13.68 billion, a PE ratio of 25.21 and a beta of 0.90.

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.