Capital Group Dividend Value ETF (NYSEARCA:CGDV) Shares Purchased by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC lifted its position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 28.4% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,058,212 shares of the company’s stock after acquiring an additional 234,367 shares during the period. Wealth Enhancement Advisory Services LLC owned 0.46% of Capital Group Dividend Value ETF worth $34,921,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently bought and sold shares of the company. Lincoln National Corp grew its stake in Capital Group Dividend Value ETF by 22.8% in the 4th quarter. Lincoln National Corp now owns 513,371 shares of the company’s stock valued at $15,319,000 after acquiring an additional 95,468 shares during the period. Choreo LLC increased its stake in Capital Group Dividend Value ETF by 2.1% during the fourth quarter. Choreo LLC now owns 151,726 shares of the company’s stock worth $4,528,000 after acquiring an additional 3,186 shares during the last quarter. Oppenheimer & Co. Inc. raised its position in Capital Group Dividend Value ETF by 8.5% in the first quarter. Oppenheimer & Co. Inc. now owns 62,894 shares of the company’s stock valued at $2,044,000 after purchasing an additional 4,905 shares during the period. Valmark Advisers Inc. lifted its stake in shares of Capital Group Dividend Value ETF by 13.3% in the 4th quarter. Valmark Advisers Inc. now owns 522,452 shares of the company’s stock valued at $15,590,000 after purchasing an additional 61,365 shares during the last quarter. Finally, Wells Fargo & Company MN increased its position in shares of Capital Group Dividend Value ETF by 117.2% during the 4th quarter. Wells Fargo & Company MN now owns 4,098,283 shares of the company’s stock worth $122,293,000 after purchasing an additional 2,211,266 shares during the last quarter.

Capital Group Dividend Value ETF Price Performance

Shares of NYSEARCA:CGDV traded up $0.12 during mid-day trading on Wednesday, reaching $34.41. 450,391 shares of the company were exchanged, compared to its average volume of 1,616,168. The firm has a market cap of $7.84 billion, a price-to-earnings ratio of 22.38 and a beta of 0.92. Capital Group Dividend Value ETF has a 1 year low of $25.47 and a 1 year high of $35.28. The firm’s 50-day simple moving average is $33.63 and its 200 day simple moving average is $32.44.

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.