Capital Group Dividend Value ETF (NYSEARCA:CGDV) Stake Raised by Souders Financial Advisors

Souders Financial Advisors lifted its holdings in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 35.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 982,263 shares of the company’s stock after purchasing an additional 258,521 shares during the quarter. Capital Group Dividend Value ETF comprises approximately 4.8% of Souders Financial Advisors’ investment portfolio, making the stock its 3rd biggest position. Souders Financial Advisors owned 0.43% of Capital Group Dividend Value ETF worth $34,635,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of CGDV. Mason Investment Advisory Services Inc. raised its position in Capital Group Dividend Value ETF by 166.8% in the fourth quarter. Mason Investment Advisory Services Inc. now owns 324,108 shares of the company’s stock valued at $11,428,000 after purchasing an additional 202,639 shares during the period. Synergy Investment Management LLC acquired a new stake in shares of Capital Group Dividend Value ETF in the fourth quarter valued at $4,553,000. Steward Partners Investment Advisory LLC raised its holdings in shares of Capital Group Dividend Value ETF by 12.8% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 239,231 shares of the company’s stock valued at $8,435,000 after buying an additional 27,111 shares during the period. Financial Council LLC lifted its stake in Capital Group Dividend Value ETF by 15.8% during the 4th quarter. Financial Council LLC now owns 36,504 shares of the company’s stock worth $1,287,000 after acquiring an additional 4,990 shares in the last quarter. Finally, Jones Financial Companies Lllp boosted its holdings in Capital Group Dividend Value ETF by 73.0% during the 4th quarter. Jones Financial Companies Lllp now owns 2,685,061 shares of the company’s stock valued at $94,675,000 after acquiring an additional 1,132,566 shares during the period.

Capital Group Dividend Value ETF Price Performance

Shares of NYSEARCA:CGDV opened at $36.12 on Wednesday. The firm has a market capitalization of $13.81 billion, a PE ratio of 25.21 and a beta of 0.90. Capital Group Dividend Value ETF has a 1 year low of $31.03 and a 1 year high of $37.38. The firm’s 50-day moving average is $36.33 and its two-hundred day moving average is $36.21.

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.