Capital Group Dividend Value ETF (NYSEARCA:CGDV) Shares Purchased by Cerity Partners LLC

Cerity Partners LLC raised its position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 15.0% in the third quarter, Holdings Channel.com reports. The fund owned 62,822 shares of the company’s stock after buying an additional 8,203 shares during the quarter. Cerity Partners LLC’s holdings in Capital Group Dividend Value ETF were worth $2,289,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Headlands Technologies LLC bought a new position in Capital Group Dividend Value ETF during the 2nd quarter worth $27,000. Signaturefd LLC acquired a new position in Capital Group Dividend Value ETF in the second quarter worth approximately $36,000. Hershey Financial Advisers LLC bought a new stake in shares of Capital Group Dividend Value ETF during the 2nd quarter worth about $36,000. Russell Investments Group Ltd. bought a new position in Capital Group Dividend Value ETF in the 1st quarter worth $42,000. Finally, Cassady Schiller Wealth Management LLC bought a new stake in shares of Capital Group Dividend Value ETF in the third quarter valued at approximately $83,000.

Capital Group Dividend Value ETF Stock Performance

Shares of Capital Group Dividend Value ETF stock opened at $37.04 on Monday. The firm has a market cap of $8.44 billion, a P/E ratio of 22.38 and a beta of 0.92. The firm’s 50-day simple moving average is $36.52 and its 200-day simple moving average is $34.90. Capital Group Dividend Value ETF has a twelve month low of $27.90 and a twelve month high of $37.17.

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.