Stifel Financial Corp Boosts Position in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Stifel Financial Corp lifted its position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 8.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,982,974 shares of the company’s stock after buying an additional 149,755 shares during the quarter. Stifel Financial Corp owned approximately 0.87% of Capital Group Dividend Value ETF worth $72,260,000 at the end of the most recent quarter.

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

Capital Group Dividend Value ETF Stock Up 0.0 %

CGDV opened at $36.67 on Friday. The business’s fifty day simple moving average is $36.56 and its 200 day simple moving average is $35.01. Capital Group Dividend Value ETF has a 52 week low of $27.94 and a 52 week high of $37.17. The stock has a market cap of $8.36 billion, a PE ratio of 22.38 and a beta of 0.92.

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.