HighTower Advisors LLC Purchases 313,085 Shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV)

HighTower Advisors LLC lifted its position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 169.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 497,601 shares of the company’s stock after buying an additional 313,085 shares during the quarter. HighTower Advisors LLC’s holdings in Capital Group Dividend Value ETF were worth $18,125,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Headlands Technologies LLC purchased a new stake in Capital Group Dividend Value ETF in the second quarter worth about $27,000. Signaturefd LLC purchased a new stake in shares of Capital Group Dividend Value ETF in the 2nd quarter worth approximately $36,000. Hershey Financial Advisers LLC bought a new position in shares of Capital Group Dividend Value ETF during the second quarter valued at approximately $36,000. Cassady Schiller Wealth Management LLC purchased a new position in Capital Group Dividend Value ETF during the third quarter valued at approximately $83,000. Finally, Ashton Thomas Private Wealth LLC bought a new position in Capital Group Dividend Value ETF in the second quarter worth approximately $88,000.

Capital Group Dividend Value ETF Trading Up 0.0 %

Shares of NYSEARCA CGDV opened at $36.67 on Friday. Capital Group Dividend Value ETF has a 12-month low of $27.94 and a 12-month high of $37.17. The stock’s fifty day simple moving average is $36.56 and its two-hundred day simple moving average is $35.01. The stock has a market capitalization of $8.36 billion, a PE ratio of 22.38 and a beta of 0.92.

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.