Bank of Montreal Can Cuts Stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Bank of Montreal Can lowered its stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 6.2% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 18,147 shares of the company’s stock after selling 1,200 shares during the period. Bank of Montreal Can’s holdings in Capital Group Dividend Value ETF were worth $604,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently bought and sold shares of the company. Visionary Wealth Advisors increased its stake in shares of Capital Group Dividend Value ETF by 1,340.0% during the 4th quarter. Visionary Wealth Advisors now owns 128,451 shares of the company’s stock valued at $3,833,000 after acquiring an additional 119,531 shares during the last quarter. Kestra Advisory Services LLC increased its holdings in Capital Group Dividend Value ETF by 16.7% in the fourth quarter. Kestra Advisory Services LLC now owns 1,237,398 shares of the company’s stock valued at $36,924,000 after buying an additional 177,119 shares during the last quarter. Continuum Advisory LLC raised its position in shares of Capital Group Dividend Value ETF by 2,509.7% during the 4th quarter. Continuum Advisory LLC now owns 733,797 shares of the company’s stock valued at $21,897,000 after acquiring an additional 705,679 shares in the last quarter. Guardian Wealth Advisors LLC NC grew its position in shares of Capital Group Dividend Value ETF by 2.8% during the 4th quarter. Guardian Wealth Advisors LLC NC now owns 682,099 shares of the company’s stock valued at $20,354,000 after buying an additional 18,531 shares during the last quarter. Finally, OLD Mission Capital LLC raised its position in shares of Capital Group Dividend Value ETF by 16.3% during the 4th quarter. OLD Mission Capital LLC now owns 386,902 shares of the company’s stock worth $11,545,000 after purchasing an additional 54,289 shares during the period.

Capital Group Dividend Value ETF Price Performance

CGDV opened at $36.35 on Wednesday. The stock’s 50 day moving average price is $35.28 and its 200 day moving average price is $33.74. The stock has a market cap of $8.28 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 $25.47 and a 12 month high of $36.69.

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.