J.W. Cole Advisors Inc. Cuts Stock Position in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

J.W. Cole Advisors Inc. lessened its stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 25.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,036 shares of the company’s stock after selling 2,810 shares during the quarter. J.W. Cole Advisors Inc.’s holdings in Capital Group Dividend Value ETF were worth $240,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of CGDV. CWM LLC raised its position in Capital Group Dividend Value ETF by 174.9% in the third quarter. CWM LLC now owns 15,921 shares of the company’s stock worth $421,000 after acquiring an additional 10,130 shares in the last quarter. DAVENPORT & Co LLC raised its position in Capital Group Dividend Value ETF by 102.7% in the third quarter. DAVENPORT & Co LLC now owns 55,654 shares of the company’s stock worth $1,473,000 after acquiring an additional 28,196 shares in the last quarter. Meridian Wealth Management LLC raised its position in Capital Group Dividend Value ETF by 23.3% in the third quarter. Meridian Wealth Management LLC now owns 14,232 shares of the company’s stock worth $377,000 after acquiring an additional 2,689 shares in the last quarter. Private Trust Co. NA raised its position in Capital Group Dividend Value ETF by 7.6% in the third quarter. Private Trust Co. NA now owns 9,646 shares of the company’s stock worth $255,000 after acquiring an additional 681 shares in the last quarter. Finally, Olistico Wealth LLC raised its position in Capital Group Dividend Value ETF by 12.2% in the third quarter. Olistico Wealth LLC now owns 53,926 shares of the company’s stock worth $1,427,000 after acquiring an additional 5,856 shares in the last quarter.

Capital Group Dividend Value ETF Stock Performance

NYSEARCA:CGDV opened at $31.94 on Friday. The stock has a fifty day moving average price of $31.66 and a two-hundred day moving average price of $29.62. The stock has a market capitalization of $7.02 billion, a price-to-earnings ratio of 21.74 and a beta of 0.91. Capital Group Dividend Value ETF has a 1 year low of $24.86 and a 1 year high of $32.74.

About Capital Group Dividend Value ETF

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.