WESPAC Advisors LLC Decreases Stock Holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

WESPAC Advisors LLC trimmed its position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 18.1% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 38,020 shares of the company’s stock after selling 8,398 shares during the quarter. Capital Group Dividend Value ETF comprises about 1.0% of WESPAC Advisors LLC’s investment portfolio, making the stock its 22nd largest holding. WESPAC Advisors LLC’s holdings in Capital Group Dividend Value ETF were worth $1,341,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. LPL Financial LLC raised its stake in Capital Group Dividend Value ETF by 26.8% in the third quarter. LPL Financial LLC now owns 16,169,046 shares of the company’s stock valued at $589,200,000 after buying an additional 3,415,106 shares during the last quarter. Benjamin Edwards Inc. purchased a new position in shares of Capital Group Dividend Value ETF in the 3rd quarter valued at approximately $21,765,000. Financial Services Advisory Inc raised its position in shares of Capital Group Dividend Value ETF by 115.3% in the 3rd quarter. Financial Services Advisory Inc now owns 971,968 shares of the company’s stock valued at $35,419,000 after purchasing an additional 520,531 shares during the last quarter. Royal Harbor Partners LLC purchased a new position in shares of Capital Group Dividend Value ETF in the 3rd quarter valued at approximately $15,939,000. Finally, Private Advisor Group LLC raised its position in shares of Capital Group Dividend Value ETF by 39.8% in the 4th quarter. Private Advisor Group LLC now owns 1,481,090 shares of the company’s stock valued at $52,223,000 after purchasing an additional 421,804 shares during the last quarter.

Capital Group Dividend Value ETF Trading Down 1.3 %

NYSEARCA CGDV opened at $36.83 on Friday. The company has a fifty day simple moving average of $36.20 and a two-hundred day simple moving average of $36.08. The stock has a market cap of $8.39 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 $30.72 and a 12-month high of $37.38.

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.