Oppenheimer & Co. Inc. Boosts Stock Position in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Oppenheimer & Co. Inc. raised its holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 7.2% during the third quarter, Holdings Channel reports. The institutional investor owned 77,631 shares of the company’s stock after buying an additional 5,226 shares during the period. Oppenheimer & Co. Inc.’s holdings in Capital Group Dividend Value ETF were worth $2,829,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Creative Planning raised its stake in Capital Group Dividend Value ETF by 36.9% during the 3rd quarter. Creative Planning now owns 28,271 shares of the company’s stock worth $1,030,000 after acquiring an additional 7,618 shares in the last quarter. Kingsview Wealth Management LLC boosted its position in shares of Capital Group Dividend Value ETF by 8.5% in the 1st quarter. Kingsview Wealth Management LLC now owns 17,570 shares of the company’s stock valued at $571,000 after purchasing an additional 1,375 shares during the period. Wedbush Securities Inc. grew its stake in Capital Group Dividend Value ETF by 27.7% during the 2nd quarter. Wedbush Securities Inc. now owns 287,659 shares of the company’s stock worth $9,493,000 after buying an additional 62,462 shares during the last quarter. Cullen Frost Bankers Inc. increased its position in Capital Group Dividend Value ETF by 8,219.6% during the second quarter. Cullen Frost Bankers Inc. now owns 13,145 shares of the company’s stock worth $434,000 after buying an additional 12,987 shares during the period. Finally, LPL Financial LLC lifted its stake in Capital Group Dividend Value ETF by 15.6% in the second quarter. LPL Financial LLC now owns 12,753,940 shares of the company’s stock valued at $420,880,000 after buying an additional 1,722,366 shares during the last quarter.

Capital Group Dividend Value ETF Trading Down 0.9 %

CGDV stock opened at $35.97 on Friday. The company has a market capitalization of $8.20 billion, a P/E ratio of 22.38 and a beta of 0.92. The business has a 50 day simple moving average of $36.31 and a 200-day simple moving average of $34.62. Capital Group Dividend Value ETF has a twelve month low of $27.59 and a twelve month high of $37.17.

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.