Mark Sheptoff Financial Planning LLC Boosts Position in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Mark Sheptoff Financial Planning LLC lifted its holdings in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 19.5% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,854 shares of the company’s stock after acquiring an additional 629 shares during the quarter. Mark Sheptoff Financial Planning LLC’s holdings in Capital Group Dividend Value ETF were worth $127,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Headlands Technologies LLC purchased a new stake in Capital Group Dividend Value ETF in the second quarter worth about $27,000. Glassman Wealth Services purchased a new stake in shares of Capital Group Dividend Value ETF in the first quarter worth $29,000. Transcendent Capital Group LLC bought a new position in shares of Capital Group Dividend Value ETF during the fourth quarter valued at $33,000. Signaturefd LLC purchased a new position in shares of Capital Group Dividend Value ETF in the 2nd quarter worth about $36,000. Finally, Russell Investments Group Ltd. bought a new position in Capital Group Dividend Value ETF in the 1st quarter worth about $42,000.

Capital Group Dividend Value ETF Stock Performance

Shares of CGDV stock opened at $35.76 on Thursday. The company has a market capitalization of $8.15 billion, a price-to-earnings ratio of 22.38 and a beta of 0.92. Capital Group Dividend Value ETF has a one year low of $25.47 and a one year high of $36.16. The company’s 50-day moving average is $34.66 and its 200 day moving average is $33.26.

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.