Capital Group Dividend Value ETF (NYSEARCA:CGDV) Position Raised by Assetmark Inc.

Assetmark Inc. grew its position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 33.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 737,026 shares of the company’s stock after acquiring an additional 186,484 shares during the quarter. Assetmark Inc.’s holdings in Capital Group Dividend Value ETF were worth $26,857,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of CGDV. Advance Capital Management Inc. acquired a new position in Capital Group Dividend Value ETF during the 2nd quarter valued at about $300,292,000. Cetera Investment Advisers boosted its position in shares of Capital Group Dividend Value ETF by 256.8% during the first 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 grew its holdings in 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 in the last quarter. Commonwealth Equity Services LLC increased its position in Capital Group Dividend Value ETF by 32.5% in the 2nd 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 period. Finally, Raymond James & Associates raised its stake in Capital Group Dividend Value ETF by 19.9% during the 3rd 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 in the last quarter.

Capital Group Dividend Value ETF Stock Performance

Shares of CGDV stock opened at $37.05 on Friday. The firm has a market capitalization of $8.44 billion, a PE ratio of 22.38 and a beta of 0.92. Capital Group Dividend Value ETF has a 1 year low of $26.71 and a 1 year high of $37.17. The stock has a fifty day moving average of $36.17 and a two-hundred day moving average of $34.46.

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.