Beacon Financial Advisory LLC Acquires 50,022 Shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Beacon Financial Advisory LLC boosted its holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 33.2% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 200,692 shares of the company’s stock after purchasing an additional 50,022 shares during the quarter. Capital Group Dividend Value ETF accounts for about 2.5% of Beacon Financial Advisory LLC’s portfolio, making the stock its 4th largest holding. Beacon Financial Advisory LLC owned approximately 0.09% of Capital Group Dividend Value ETF worth $7,313,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of CGDV. Oppenheimer & Co. Inc. increased its position in shares of Capital Group Dividend Value ETF by 8.5% in the first quarter. Oppenheimer & Co. Inc. now owns 62,894 shares of the company’s stock worth $2,044,000 after purchasing an additional 4,905 shares during the period. Thoroughbred Financial Services LLC boosted its position in shares of Capital Group Dividend Value ETF by 90.8% during the 1st quarter. Thoroughbred Financial Services LLC now owns 18,535 shares of the company’s stock worth $602,000 after acquiring an additional 8,821 shares in the last quarter. Creative Planning increased its stake in Capital Group Dividend Value ETF by 36.9% in the third quarter. Creative Planning now owns 28,271 shares of the company’s stock valued at $1,030,000 after acquiring an additional 7,618 shares during the last quarter. Kingsview Wealth Management LLC lifted its stake in Capital Group Dividend Value ETF by 8.5% during the first quarter. Kingsview Wealth Management LLC now owns 17,570 shares of the company’s stock worth $571,000 after purchasing an additional 1,375 shares during the last quarter. Finally, Wedbush Securities Inc. boosted its holdings in shares of Capital Group Dividend Value ETF by 27.7% in the 2nd quarter. Wedbush Securities Inc. now owns 287,659 shares of the company’s stock valued at $9,493,000 after purchasing an additional 62,462 shares in the last quarter.

Capital Group Dividend Value ETF Stock Performance

Capital Group Dividend Value ETF stock opened at $36.07 on Wednesday. Capital Group Dividend Value ETF has a 52 week low of $26.71 and a 52 week high of $37.17. The stock has a market capitalization of $8.22 billion, a P/E ratio of 22.38 and a beta of 0.92. The stock has a fifty day moving average of $36.09 and a 200-day moving average of $34.36.

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.