Founders Financial Securities LLC Acquires 15,637 Shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Founders Financial Securities LLC raised its holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 24.8% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 78,651 shares of the company’s stock after purchasing an additional 15,637 shares during the period. Founders Financial Securities LLC owned approximately 0.08% of Capital Group Dividend Value ETF worth $2,556,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of CGDV. Wells Fargo & Company MN lifted its holdings in shares of Capital Group Dividend Value ETF by 117.2% during the 4th quarter. Wells Fargo & Company MN now owns 4,098,283 shares of the company’s stock worth $122,293,000 after acquiring an additional 2,211,266 shares during the period. Confluence Wealth Services Inc. lifted 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 worth $103,309,000 after acquiring an additional 1,446,779 shares during the period. Raymond James Financial Services Advisors Inc. lifted its holdings in shares of 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 period. Cambridge Investment Research Advisors Inc. lifted its holdings in shares of Capital Group Dividend Value ETF by 51.9% during the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 2,860,972 shares of the company’s stock worth $85,371,000 after acquiring an additional 977,176 shares during the period. Finally, Envestnet Asset Management Inc. lifted its holdings in shares of Capital Group Dividend Value ETF by 15.0% during the 4th quarter. Envestnet Asset Management Inc. now owns 6,331,512 shares of the company’s stock worth $188,932,000 after acquiring an additional 824,110 shares during the period.

Capital Group Dividend Value ETF Stock Performance

Shares of Capital Group Dividend Value ETF stock traded down $0.03 on Friday, reaching $33.00. 1,472,590 shares of the stock were exchanged, compared to its average volume of 1,579,667. The firm’s 50 day moving average is $32.79 and its 200-day moving average is $31.48. Capital Group Dividend Value ETF has a one year low of $25.47 and a one year high of $33.56. The firm has a market cap of $7.52 billion, a PE ratio of 22.38 and a beta of 0.92.

Capital Group Dividend Value ETF Company 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.