Envestnet Asset Management Inc. Has $392.66 Million Holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Envestnet Asset Management Inc. boosted its position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 13.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 11,136,141 shares of the company’s stock after buying an additional 1,336,256 shares during the period. Envestnet Asset Management Inc.’s holdings in Capital Group Dividend Value ETF were worth $392,660,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. LPL Financial LLC lifted its stake in shares of Capital Group Dividend Value ETF by 36.0% in the 4th quarter. LPL Financial LLC now owns 21,983,627 shares of the company’s stock valued at $775,143,000 after purchasing an additional 5,814,581 shares during the period. Raymond James Financial Inc. bought a new stake in Capital Group Dividend Value ETF in the fourth quarter worth approximately $601,244,000. Advance Capital Management Inc. lifted its stake in Capital Group Dividend Value ETF by 0.4% in the fourth quarter. Advance Capital Management Inc. now owns 10,826,570 shares of the company’s stock valued at $381,745,000 after buying an additional 40,491 shares during the period. Wells Fargo & Company MN boosted its holdings in shares of Capital Group Dividend Value ETF by 10.6% during the 4th quarter. Wells Fargo & Company MN now owns 8,966,425 shares of the company’s stock worth $316,156,000 after buying an additional 860,172 shares in the last quarter. Finally, Commonwealth Equity Services LLC grew its position in shares of Capital Group Dividend Value ETF by 14.3% during the 4th quarter. Commonwealth Equity Services LLC now owns 8,065,081 shares of the company’s stock worth $284,375,000 after buying an additional 1,008,536 shares during the period.

Capital Group Dividend Value ETF Stock Down 6.0 %

NYSEARCA:CGDV opened at $32.33 on Friday. The firm has a market capitalization of $13.12 billion, a P/E ratio of 24.24 and a beta of 0.89. Capital Group Dividend Value ETF has a twelve month low of $31.03 and a twelve month high of $37.38. The company has a fifty day moving average of $36.39 and a 200-day moving average of $36.29.

Capital Group Dividend Value ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Tuesday, April 1st. Stockholders of record on Monday, March 31st were issued a dividend of $0.1067 per share. The ex-dividend date of this dividend was Monday, March 31st.

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.