Lynch & Associates IN Grows Holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Lynch & Associates IN lifted its position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 40.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,347 shares of the company’s stock after acquiring an additional 4,384 shares during the quarter. Lynch & Associates IN’s holdings in Capital Group Dividend Value ETF were worth $541,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Creative Planning grew its holdings in Capital Group Dividend Value ETF by 36.9% in the third quarter. Creative Planning now owns 28,271 shares of the company’s stock valued at $1,030,000 after purchasing an additional 7,618 shares during the period. Oppenheimer & Co. Inc. increased its holdings in Capital Group Dividend Value ETF by 15.1% in the 2nd quarter. Oppenheimer & Co. Inc. now owns 72,405 shares of the company’s stock worth $2,389,000 after acquiring an additional 9,511 shares in the last quarter. Souders Financial Advisors lifted its holdings in Capital Group Dividend Value ETF by 1.9% during the second quarter. Souders Financial Advisors now owns 728,080 shares of the company’s stock valued at $24,027,000 after purchasing an additional 13,907 shares in the last quarter. Prospect Financial Services LLC acquired a new stake in shares of Capital Group Dividend Value ETF in the third quarter valued at about $248,000. Finally, PFG Advisors increased its stake in shares of Capital Group Dividend Value ETF by 13.5% during the third quarter. PFG Advisors now owns 75,993 shares of the company’s stock worth $2,769,000 after purchasing an additional 9,056 shares in the last quarter.

Capital Group Dividend Value ETF Stock Performance

Shares of CGDV traded down $0.55 during mid-day trading on Friday, hitting $34.95. 2,799,230 shares of the company were exchanged, compared to its average volume of 3,199,169. Capital Group Dividend Value ETF has a 1-year low of $29.23 and a 1-year high of $37.17. The stock has a market cap of $7.97 billion, a price-to-earnings ratio of 22.38 and a beta of 0.92. The company has a 50 day moving average of $36.19 and a 200-day moving average of $35.47.

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.