First Horizon Advisors Inc. Increases Holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

First Horizon Advisors Inc. increased its position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 37.4% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,625 shares of the company’s stock after buying an additional 1,258 shares during the quarter. First Horizon Advisors Inc.’s holdings in Capital Group Dividend Value ETF were worth $169,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Creative Planning boosted its holdings in Capital Group Dividend Value ETF by 36.9% during the 3rd 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 period. Oppenheimer & Co. Inc. grew its holdings in shares of Capital Group Dividend Value ETF by 15.1% in the second quarter. Oppenheimer & Co. Inc. now owns 72,405 shares of the company’s stock worth $2,389,000 after purchasing an additional 9,511 shares during the last quarter. Wedbush Securities Inc. increased its stake in shares of Capital Group Dividend Value ETF by 27.7% in the second quarter. Wedbush Securities Inc. now owns 287,659 shares of the company’s stock worth $9,493,000 after buying an additional 62,462 shares during the period. Cullen Frost Bankers Inc. raised its holdings in Capital Group Dividend Value ETF by 8,219.6% during the 2nd quarter. Cullen Frost Bankers Inc. now owns 13,145 shares of the company’s stock valued at $434,000 after buying an additional 12,987 shares during the last quarter. Finally, LPL Financial LLC boosted its position in 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 valued at $420,880,000 after buying an additional 1,722,366 shares during the period.

Capital Group Dividend Value ETF Stock Up 0.6 %

Shares of Capital Group Dividend Value ETF stock opened at $36.58 on Friday. The firm has a market cap of $8.34 billion, a PE ratio of 22.38 and a beta of 0.92. The company’s fifty day simple moving average is $36.42 and its two-hundred day simple moving average is $34.76. Capital Group Dividend Value ETF has a 12-month low of $27.86 and a 12-month high of $37.17.

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.