SteelPeak Wealth LLC Increases Stock Holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

SteelPeak Wealth LLC increased its stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 7.9% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 38,336 shares of the company’s stock after purchasing an additional 2,798 shares during the period. SteelPeak Wealth LLC’s holdings in Capital Group Dividend Value ETF were worth $1,403,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of CGDV. Kovack Advisors Inc. purchased a new stake in shares of Capital Group Dividend Value ETF during the first quarter valued at approximately $273,000. Accel Wealth Management boosted its position in Capital Group Dividend Value ETF by 21.2% in the 1st quarter. Accel Wealth Management now owns 11,528 shares of the company’s stock valued at $375,000 after buying an additional 2,014 shares during the last quarter. J.W. Cole Advisors Inc. grew its stake in shares of Capital Group Dividend Value ETF by 4.6% during the first quarter. J.W. Cole Advisors Inc. now owns 8,403 shares of the company’s stock valued at $273,000 after acquiring an additional 367 shares in the last quarter. Lodestone Wealth Management LLC increased its position in shares of Capital Group Dividend Value ETF by 7.5% during the first quarter. Lodestone Wealth Management LLC now owns 86,611 shares of the company’s stock worth $2,815,000 after acquiring an additional 6,052 shares during the last quarter. Finally, Private Advisor Group LLC lifted its stake in shares of Capital Group Dividend Value ETF by 23.8% in the first quarter. Private Advisor Group LLC now owns 629,342 shares of the company’s stock worth $20,454,000 after acquiring an additional 121,135 shares in the last quarter.

Capital Group Dividend Value ETF Stock Performance

Shares of CGDV opened at $36.40 on Thursday. Capital Group Dividend Value ETF has a one year low of $25.81 and a one year high of $37.17. The stock has a 50-day moving average price of $36.04 and a 200 day moving average price of $34.21. The company has a market capitalization of $8.30 billion, a P/E 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.