Capital Group Dividend Value ETF (NYSEARCA:CGDV) Stock Position Increased by Bridgewealth Advisory Group LLC

Bridgewealth Advisory Group LLC raised its position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 10.9% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 7,561 shares of the company’s stock after purchasing an additional 745 shares during the period. Bridgewealth Advisory Group LLC’s holdings in Capital Group Dividend Value ETF were worth $250,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of CGDV. Oppenheimer & Co. Inc. boosted its position in shares of Capital Group Dividend Value ETF by 8.5% during the first quarter. Oppenheimer & Co. Inc. now owns 62,894 shares of the company’s stock worth $2,044,000 after buying an additional 4,905 shares during the period. Thoroughbred Financial Services LLC boosted its position in Capital Group Dividend Value ETF by 90.8% during the 1st quarter. Thoroughbred Financial Services LLC now owns 18,535 shares of the company’s stock worth $602,000 after acquiring an additional 8,821 shares during the period. Orion Portfolio Solutions LLC grew its stake in shares of Capital Group Dividend Value ETF by 67.7% in the fourth quarter. Orion Portfolio Solutions LLC now owns 559,012 shares of the company’s stock worth $16,642,000 after purchasing an additional 225,663 shares in the last quarter. Harbour Investments Inc. grew its stake in shares of Capital Group Dividend Value ETF by 25.2% in the fourth quarter. Harbour Investments Inc. now owns 183,803 shares of the company’s stock worth $5,485,000 after purchasing an additional 37,015 shares in the last quarter. Finally, Advisory Services Network LLC increased its holdings in shares of Capital Group Dividend Value ETF by 94.6% during the fourth quarter. Advisory Services Network LLC now owns 220,082 shares of the company’s stock valued at $6,567,000 after purchasing an additional 106,993 shares during the period.

Capital Group Dividend Value ETF Stock Down 0.1 %

CGDV stock opened at $36.21 on Friday. The company has a 50-day simple moving average of $34.79 and a 200 day simple moving average of $33.34. The company has a market capitalization of $8.25 billion, a P/E ratio of 22.38 and a beta of 0.92. Capital Group Dividend Value ETF has a fifty-two week low of $25.47 and a fifty-two week high of $36.37.

About Capital Group Dividend Value ETF

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.