ICA Group Wealth Management LLC Sells 23,780 Shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV)

ICA Group Wealth Management LLC trimmed its position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 78.6% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 6,472 shares of the company’s stock after selling 23,780 shares during the quarter. ICA Group Wealth Management LLC’s holdings in Capital Group Dividend Value ETF were worth $214,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Advance Capital Management Inc. bought a new position in Capital Group Dividend Value ETF in the 2nd quarter worth $300,292,000. Cetera Investment Advisers increased its stake in shares of Capital Group Dividend Value ETF by 256.8% in the first quarter. Cetera Investment Advisers now owns 4,319,438 shares of the company’s stock worth $140,382,000 after purchasing an additional 3,108,678 shares during the period. Wells Fargo & Company MN increased its stake in shares of Capital Group Dividend Value ETF by 117.2% in the fourth quarter. Wells Fargo & Company MN now owns 4,098,283 shares of the company’s stock worth $122,293,000 after purchasing an additional 2,211,266 shares during the period. LPL Financial LLC lifted its position in shares of Capital Group Dividend Value ETF by 15.6% during the 2nd quarter. LPL Financial LLC now owns 12,753,940 shares of the company’s stock worth $420,880,000 after purchasing an additional 1,722,366 shares during the last quarter. Finally, Commonwealth Equity Services LLC boosted its stake in Capital Group Dividend Value ETF by 32.5% during the 2nd quarter. Commonwealth Equity Services LLC now owns 5,935,080 shares of the company’s stock valued at $195,858,000 after purchasing an additional 1,457,036 shares during the period.

Capital Group Dividend Value ETF Stock Up 0.8 %

Shares of NYSEARCA CGDV opened at $35.61 on Friday. The business’s 50 day moving average is $34.56 and its two-hundred day moving average is $33.18. The company has a market cap of $8.12 billion, a P/E ratio of 22.38 and a beta of 0.92. Capital Group Dividend Value ETF has a 12 month low of $25.47 and a 12 month high of $35.78.

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.