Carson Advisory Inc. Acquires 5,120 Shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Carson Advisory Inc. boosted its stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 9.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 60,842 shares of the company’s stock after acquiring an additional 5,120 shares during the period. Capital Group Dividend Value ETF accounts for 1.4% of Carson Advisory Inc.’s investment portfolio, making the stock its 18th largest holding. Carson Advisory Inc. owned about 0.06% of Capital Group Dividend Value ETF worth $1,816,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently added to or reduced their stakes in the business. Envestnet Asset Management Inc. raised its position in Capital Group Dividend Value ETF by 143.1% in the 3rd quarter. Envestnet Asset Management Inc. now owns 5,507,402 shares of the company’s stock valued at $145,781,000 after buying an additional 3,242,240 shares during the last quarter. Confluence Wealth Services Inc. raised its holdings in shares of Capital Group Dividend Value ETF by 71.8% during the 4th quarter. Confluence Wealth Services Inc. now owns 3,462,094 shares of the company’s stock valued at $103,309,000 after buying an additional 1,446,779 shares in the last quarter. Raymond James Financial Services Advisors Inc. grew its position in Capital Group Dividend Value ETF by 23.5% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 7,283,139 shares of the company’s stock worth $217,329,000 after acquiring an additional 1,385,299 shares during the last quarter. LPL Financial LLC grew its position in shares of Capital Group Dividend Value ETF by 20.6% in the 3rd quarter. LPL Financial LLC now owns 6,795,375 shares of the company’s stock worth $179,874,000 after buying an additional 1,161,371 shares during the last quarter. Finally, Aptus Capital Advisors LLC boosted its position in shares of Capital Group Dividend Value ETF by 808.6% during the third quarter. Aptus Capital Advisors LLC now owns 869,161 shares of the company’s stock valued at $23,007,000 after purchasing an additional 773,504 shares in the last quarter.

Capital Group Dividend Value ETF Stock Performance

Shares of CGDV stock traded up $0.22 during mid-day trading on Thursday, hitting $31.80. The company’s stock had a trading volume of 1,365,191 shares, compared to its average volume of 1,481,606. Capital Group Dividend Value ETF has a 52-week low of $24.86 and a 52-week high of $32.74. The business has a 50-day moving average price of $31.81 and a 200 day moving average price of $29.81. The stock has a market cap of $6.99 billion, a price-to-earnings ratio of 21.74 and a beta of 0.91.

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.