Capital Group Dividend Value ETF (NYSEARCA:CGDV) Shares Acquired by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC increased its holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 6.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,652,626 shares of the company’s stock after purchasing an additional 93,985 shares during the period. Janney Montgomery Scott LLC owned 0.73% of Capital Group Dividend Value ETF worth $60,222,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Advance Capital Management Inc. purchased a new position in Capital Group Dividend Value ETF during the second quarter worth approximately $300,292,000. Cetera Investment Advisers raised its position in shares of Capital Group Dividend Value ETF by 256.8% in the 1st quarter. Cetera Investment Advisers now owns 4,319,438 shares of the company’s stock worth $140,382,000 after buying an additional 3,108,678 shares during the period. LPL Financial LLC raised its position in shares of Capital Group Dividend Value ETF by 15.6% in the 2nd quarter. LPL Financial LLC now owns 12,753,940 shares of the company’s stock worth $420,880,000 after buying an additional 1,722,366 shares during the period. Commonwealth Equity Services LLC boosted its holdings in Capital Group Dividend Value ETF by 32.5% in the second quarter. Commonwealth Equity Services LLC now owns 5,935,080 shares of the company’s stock valued at $195,858,000 after acquiring an additional 1,457,036 shares during the last quarter. Finally, Raymond James & Associates grew its position in Capital Group Dividend Value ETF by 19.9% during the third quarter. Raymond James & Associates now owns 6,654,717 shares of the company’s stock valued at $242,498,000 after acquiring an additional 1,104,402 shares during the period.

Capital Group Dividend Value ETF Price Performance

Shares of NYSEARCA:CGDV opened at $35.93 on Friday. The firm has a market capitalization of $8.19 billion, a PE ratio of 22.38 and a beta of 0.92. Capital Group Dividend Value ETF has a 12 month low of $26.52 and a 12 month high of $37.17. The business has a 50-day moving average of $36.07 and a two-hundred day moving average of $34.26.

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.