Trinity Wealth Management LLC Buys 7,215 Shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Trinity Wealth Management LLC increased its position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 5.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 138,870 shares of the company’s stock after purchasing an additional 7,215 shares during the quarter. Capital Group Dividend Value ETF accounts for approximately 2.2% of Trinity Wealth Management LLC’s investment portfolio, making the stock its 14th largest position. Trinity Wealth Management LLC owned 0.06% of Capital Group Dividend Value ETF worth $4,897,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the company. LPL Financial LLC raised its holdings in shares of Capital Group Dividend Value ETF by 26.8% during the 3rd quarter. LPL Financial LLC now owns 16,169,046 shares of the company’s stock worth $589,200,000 after buying an additional 3,415,106 shares in the last quarter. Advance Capital Management Inc. raised its stake in Capital Group Dividend Value ETF by 0.4% during the fourth quarter. Advance Capital Management Inc. now owns 10,826,570 shares of the company’s stock worth $381,745,000 after acquiring an additional 40,491 shares in the last quarter. Commonwealth Equity Services LLC lifted its holdings in shares of Capital Group Dividend Value ETF by 18.9% in the third quarter. Commonwealth Equity Services LLC now owns 7,056,545 shares of the company’s stock worth $257,140,000 after acquiring an additional 1,121,465 shares during the last quarter. Raymond James & Associates lifted its holdings in shares of Capital Group Dividend Value ETF by 19.9% in the third quarter. Raymond James & Associates now owns 6,654,717 shares of the company’s stock worth $242,498,000 after acquiring an additional 1,104,402 shares during the last quarter. Finally, Confluence Wealth Services Inc. boosted its stake in shares of Capital Group Dividend Value ETF by 6.4% in the 3rd quarter. Confluence Wealth Services Inc. now owns 4,319,789 shares of the company’s stock valued at $157,413,000 after purchasing an additional 260,067 shares in the last quarter.

Capital Group Dividend Value ETF Price Performance

CGDV stock opened at $36.75 on Friday. The stock has a market cap of $8.38 billion, a price-to-earnings ratio of 22.38 and a beta of 0.92. The company has a 50 day simple moving average of $36.08 and a 200 day simple moving average of $35.77. Capital Group Dividend Value ETF has a 1 year low of $29.85 and a 1 year high of $37.17.

About Capital Group Dividend Value ETF

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.