Wealth Enhancement Advisory Services LLC Increases Stock Position in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Wealth Enhancement Advisory Services LLC boosted its stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 28.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,058,212 shares of the company’s stock after buying an additional 234,367 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Capital Group Dividend Value ETF were worth $34,921,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Cerity Partners LLC purchased a new position in shares of Capital Group Dividend Value ETF in the fourth quarter valued at approximately $1,428,000. Tennessee Valley Asset Management Partners purchased a new position in shares of Capital Group Dividend Value ETF in the fourth quarter valued at approximately $26,000. Simplicity Solutions LLC boosted its stake in shares of Capital Group Dividend Value ETF by 18.0% in the fourth quarter. Simplicity Solutions LLC now owns 88,128 shares of the company’s stock valued at $2,630,000 after purchasing an additional 13,428 shares during the period. Carnegie Capital Asset Management LLC boosted its stake in shares of Capital Group Dividend Value ETF by 4.8% in the fourth quarter. Carnegie Capital Asset Management LLC now owns 50,914 shares of the company’s stock valued at $1,519,000 after purchasing an additional 2,318 shares during the period. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its stake in shares of Capital Group Dividend Value ETF by 358.1% in the fourth quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 465,302 shares of the company’s stock valued at $13,885,000 after purchasing an additional 363,736 shares during the period.

Capital Group Dividend Value ETF Trading Up 0.3 %

NYSEARCA:CGDV traded up $0.12 during mid-day trading on Wednesday, hitting $34.41. The stock had a trading volume of 450,391 shares, compared to its average volume of 1,616,168. The stock has a 50-day simple moving average of $33.63 and a two-hundred day simple moving average of $32.44. The company has a market capitalization of $7.84 billion, a PE ratio of 22.38 and a beta of 0.92. Capital Group Dividend Value ETF has a twelve month low of $25.47 and a twelve month high of $35.28.

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.