Sanctuary Advisors LLC Sells 6,271 Shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Sanctuary Advisors LLC trimmed its holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 1.0% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 617,882 shares of the company’s stock after selling 6,271 shares during the period. Sanctuary Advisors LLC’s holdings in Capital Group Dividend Value ETF were worth $22,602,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of CGDV. Harbor Investment Advisory LLC boosted its position in Capital Group Dividend Value ETF by 2.1% in the 3rd quarter. Harbor Investment Advisory LLC now owns 14,600 shares of the company’s stock valued at $532,000 after buying an additional 300 shares during the period. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in shares of Capital Group Dividend Value ETF by 7.3% in the third 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 period. Financial Perspectives Inc increased its holdings in Capital Group Dividend Value ETF by 6.3% during the 2nd quarter. Financial Perspectives Inc now owns 7,906 shares of the company’s stock worth $261,000 after purchasing an additional 468 shares during the period. Financial Council LLC lifted its holdings in shares of Capital Group Dividend Value ETF by 1.5% in the 3rd quarter. Financial Council LLC now owns 31,514 shares of the company’s stock worth $1,148,000 after buying an additional 473 shares during the period. Finally, J.W. Cole Advisors Inc. lifted its stake in Capital Group Dividend Value ETF by 4.8% in the third quarter. J.W. Cole Advisors Inc. now owns 12,653 shares of the company’s stock worth $461,000 after acquiring an additional 584 shares during the period.

Capital Group Dividend Value ETF Stock Performance

NYSEARCA CGDV opened at $36.20 on Friday. The company’s 50-day simple moving average is $36.57 and its two-hundred day simple moving average is $35.10. Capital Group Dividend Value ETF has a one year low of $28.69 and a one year high of $37.17. The company has a market capitalization of $8.25 billion, a price-to-earnings ratio of 22.38 and a beta of 0.92.

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.