Ameritas Advisory Services LLC Raises Stock Holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Ameritas Advisory Services LLC raised its holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 17.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 320,207 shares of the company’s stock after purchasing an additional 47,352 shares during the period. Ameritas Advisory Services LLC owned about 0.14% of Capital Group Dividend Value ETF worth $11,290,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Mercer Global Advisors Inc. ADV grew its stake in Capital Group Dividend Value ETF by 10.5% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 18,389 shares of the company’s stock valued at $607,000 after acquiring an additional 1,747 shares during the period. Sei Investments Co. acquired a new stake in shares of Capital Group Dividend Value ETF in the second quarter valued at about $24,992,000. Thrivent Financial for Lutherans increased its stake in shares of Capital Group Dividend Value ETF by 8.1% during the second quarter. Thrivent Financial for Lutherans now owns 736,048 shares of the company’s stock worth $24,290,000 after purchasing an additional 55,057 shares in the last quarter. Bridgewealth Advisory Group LLC increased its stake in shares of Capital Group Dividend Value ETF by 10.9% during the second quarter. Bridgewealth Advisory Group LLC now owns 7,561 shares of the company’s stock worth $250,000 after purchasing an additional 745 shares in the last quarter. Finally, Marshall Wace LLP acquired a new position in shares of Capital Group Dividend Value ETF during the 2nd quarter worth about $1,789,000.

Capital Group Dividend Value ETF Trading Up 0.8 %

CGDV stock opened at $35.82 on Friday. Capital Group Dividend Value ETF has a 12-month low of $29.34 and a 12-month high of $37.17. The business’s 50-day moving average is $36.06 and its 200 day moving average is $35.58. The stock has a market cap of $8.16 billion, a price-to-earnings ratio of 22.38 and a beta of 0.92.

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.