Capital Group Dividend Value ETF (NYSEARCA:CGDV) Position Cut by Merriman Wealth Management LLC

Merriman Wealth Management LLC lowered its holdings in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDVFree Report) by 2.0% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,381 shares of the company’s stock after selling 536 shares during the period. Merriman Wealth Management LLC’s holdings in Capital Group Dividend Value ETF were worth $871,000 as of its most recent SEC filing.

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

Capital Group Dividend Value ETF Stock Performance

CGDV opened at $36.21 on Friday. The company has a market capitalization of $8.25 billion, a PE ratio of 22.38 and a beta of 0.92. The stock’s fifty day moving average is $34.79 and its 200-day moving average is $33.33. Capital Group Dividend Value ETF has a one year low of $25.47 and a one year high of $36.37.

Capital Group Dividend Value ETF Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Capital Group Dividend Value ETF (NYSEARCA:CGDV)

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