JPMorgan Chase & Co. Has $7.79 Million Stock Holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

JPMorgan Chase & Co. reduced its holdings in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 13.1% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 213,675 shares of the company’s stock after selling 32,278 shares during the period. JPMorgan Chase & Co. owned about 0.09% of Capital Group Dividend Value ETF worth $7,786,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in CGDV. Headlands Technologies LLC acquired a new stake in Capital Group Dividend Value ETF during the second quarter valued at approximately $27,000. Hershey Financial Advisers LLC bought a new position in shares of Capital Group Dividend Value ETF during the second quarter valued at $36,000. Cassady Schiller Wealth Management LLC acquired a new stake in shares of Capital Group Dividend Value ETF in the 3rd quarter valued at $83,000. Mather Group LLC. grew its holdings in shares of Capital Group Dividend Value ETF by 36.7% in the 3rd quarter. Mather Group LLC. now owns 3,464 shares of the company’s stock worth $126,000 after purchasing an additional 930 shares during the last quarter. Finally, Mark Sheptoff Financial Planning LLC grew its holdings in shares of Capital Group Dividend Value ETF by 19.5% in the 2nd quarter. Mark Sheptoff Financial Planning LLC now owns 3,854 shares of the company’s stock worth $127,000 after purchasing an additional 629 shares during the last quarter.

Capital Group Dividend Value ETF Stock Up 0.4 %

Shares of CGDV stock opened at $35.19 on Wednesday. The company has a market capitalization of $8.02 billion, a P/E ratio of 22.38 and a beta of 0.92. Capital Group Dividend Value ETF has a 12-month low of $29.23 and a 12-month high of $37.17. The firm has a 50-day moving average price of $36.15 and a 200 day moving average price of $35.53.

Capital Group Dividend Value ETF 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.