Valmark Advisers Inc. Has $25.14 Million Position in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Valmark Advisers Inc. raised its stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 3.9% during the 3rd quarter, Holdings Channel.com reports. The firm owned 689,770 shares of the company’s stock after buying an additional 25,908 shares during the period. Valmark Advisers Inc.’s holdings in Capital Group Dividend Value ETF were worth $25,135,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently bought and sold shares of CGDV. Harbor Investment Advisory LLC grew its holdings in shares of Capital Group Dividend Value ETF by 2.1% during the 3rd quarter. Harbor Investment Advisory LLC now owns 14,600 shares of the company’s stock worth $532,000 after purchasing an additional 300 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. increased its stake in shares of Capital Group Dividend Value ETF by 7.3% in the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 4,475 shares of the company’s stock valued at $163,000 after purchasing an additional 304 shares during the last quarter. J.W. Cole Advisors Inc. grew its position in Capital Group Dividend Value ETF by 4.6% in the first quarter. J.W. Cole Advisors Inc. now owns 8,403 shares of the company’s stock valued at $273,000 after acquiring an additional 367 shares during the last quarter. Lion Street Advisors LLC grew its holdings in shares of Capital Group Dividend Value ETF by 4.2% during the 2nd quarter. Lion Street Advisors LLC now owns 9,575 shares of the company’s stock valued at $316,000 after purchasing an additional 384 shares during the last quarter. Finally, Financial Perspectives Inc boosted its position in Capital Group Dividend Value ETF by 6.3% in the second quarter. Financial Perspectives Inc now owns 7,906 shares of the company’s stock valued at $261,000 after buying an additional 468 shares in the last quarter.

Capital Group Dividend Value ETF Stock Performance

Shares of NYSEARCA:CGDV traded down $0.09 during mid-day trading on Tuesday, reaching $36.34. 941,735 shares of the company’s stock were exchanged, compared to its average volume of 1,598,628. The firm has a market capitalization of $8.28 billion, a price-to-earnings ratio of 22.38 and a beta of 0.92. Capital Group Dividend Value ETF has a twelve month low of $25.67 and a twelve month high of $37.17. The business’s fifty day moving average price is $35.99 and its 200-day moving average price is $34.17.

Capital Group Dividend Value ETF 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.