Carson Advisory Inc. Trims Holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Carson Advisory Inc. lowered its holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 0.6% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 64,852 shares of the company’s stock after selling 363 shares during the quarter. Capital Group Dividend Value ETF makes up about 1.5% of Carson Advisory Inc.’s investment portfolio, making the stock its 15th largest holding. Carson Advisory Inc.’s holdings in Capital Group Dividend Value ETF were worth $2,363,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Advance Capital Management Inc. purchased a new stake in Capital Group Dividend Value ETF in the second quarter worth $300,292,000. Cetera Investment Advisers lifted 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 purchasing an additional 3,108,678 shares during the period. LPL Financial LLC boosted its stake in shares of Capital Group Dividend Value ETF by 15.6% during the 2nd quarter. LPL Financial LLC now owns 12,753,940 shares of the company’s stock valued at $420,880,000 after purchasing an additional 1,722,366 shares in the last quarter. Commonwealth Equity Services LLC boosted its stake in shares of Capital Group Dividend Value ETF by 32.5% during the 2nd quarter. Commonwealth Equity Services LLC now owns 5,935,080 shares of the company’s stock valued at $195,858,000 after purchasing an additional 1,457,036 shares in the last quarter. Finally, Raymond James & Associates increased its position in shares of 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 buying an additional 1,104,402 shares during the period.

Capital Group Dividend Value ETF Price Performance

CGDV stock opened at $37.05 on Friday. Capital Group Dividend Value ETF has a 1 year low of $26.71 and a 1 year high of $37.17. The firm has a 50-day moving average of $36.17 and a 200 day moving average of $34.44. The company has a market cap of $8.44 billion, a P/E 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.