Capital Group Dividend Value ETF (NYSEARCA:CGDV) Sees Unusually-High Trading Volume

Capital Group Dividend Value ETF (NYSEARCA:CGDV) shares saw strong trading volume on Wednesday . 563,584 shares were traded during trading, a decline of 64% from the previous session’s volume of 1,578,088 shares.The stock last traded at $33.20 and had previously closed at $33.12.

Capital Group Dividend Value ETF Trading Up 0.4 %

The company has a market cap of $7.58 billion, a price-to-earnings ratio of 22.38 and a beta of 0.92. The firm’s 50-day moving average price is $32.90 and its 200 day moving average price is $31.57.

Institutional Trading of Capital Group Dividend Value ETF

Several large investors have recently modified their holdings of CGDV. Tower Research Capital LLC TRC acquired a new stake in shares of Capital Group Dividend Value ETF during the 3rd quarter worth approximately $462,000. Integrated Wealth Concepts LLC lifted its holdings in shares of Capital Group Dividend Value ETF by 90.2% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 64,509 shares of the company’s stock worth $1,708,000 after purchasing an additional 30,584 shares in the last quarter. Essex Financial Services Inc. lifted its holdings in shares of Capital Group Dividend Value ETF by 15.9% in the 3rd quarter. Essex Financial Services Inc. now owns 86,161 shares of the company’s stock worth $2,281,000 after purchasing an additional 11,806 shares in the last quarter. Advisors Capital Management LLC bought a new position in shares of Capital Group Dividend Value ETF in the 3rd quarter worth $260,000. Finally, Harbour Investments Inc. lifted its holdings in shares of Capital Group Dividend Value ETF by 58.1% in the 3rd quarter. Harbour Investments Inc. now owns 146,788 shares of the company’s stock worth $3,885,000 after purchasing an additional 53,949 shares in the last quarter.

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.