Bay Colony Advisory Group Inc d b a Bay Colony Advisors Raises Stock Holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its holdings in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 6.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 946,405 shares of the company’s stock after purchasing an additional 55,291 shares during the period. Capital Group Dividend Value ETF makes up 4.9% of Bay Colony Advisory Group Inc d b a Bay Colony Advisors’ portfolio, making the stock its biggest position. Bay Colony Advisory Group Inc d b a Bay Colony Advisors owned approximately 0.42% of Capital Group Dividend Value ETF worth $33,370,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of CGDV. Professional Financial Advisors LLC increased its holdings in shares of Capital Group Dividend Value ETF by 1.2% during the 4th quarter. Professional Financial Advisors LLC now owns 32,882 shares of the company’s stock worth $1,159,000 after acquiring an additional 383 shares during the last quarter. Blue Trust Inc. boosted its stake in Capital Group Dividend Value ETF by 33.3% in the 4th quarter. Blue Trust Inc. now owns 1,600 shares of the company’s stock valued at $58,000 after purchasing an additional 400 shares during the period. Carnegie Lake Advisors LLC lifted its position in shares of Capital Group Dividend Value ETF by 7.3% during the 4th quarter. Carnegie Lake Advisors LLC now owns 6,142 shares of the company’s stock valued at $217,000 after acquiring an additional 420 shares during the period. Peapack Gladstone Financial Corp lifted its position in shares of Capital Group Dividend Value ETF by 0.5% during the 3rd quarter. Peapack Gladstone Financial Corp now owns 80,610 shares of the company’s stock valued at $2,937,000 after acquiring an additional 440 shares during the period. Finally, Stratos Wealth Advisors LLC lifted its position in shares of Capital Group Dividend Value ETF by 0.8% during the 4th quarter. Stratos Wealth Advisors LLC now owns 54,443 shares of the company’s stock valued at $1,920,000 after acquiring an additional 449 shares during the period.

Capital Group Dividend Value ETF Stock Performance

NYSEARCA:CGDV opened at $36.28 on Friday. The stock has a fifty day moving average price of $36.35 and a 200-day moving average price of $36.22. The company has a market cap of $13.87 billion, a price-to-earnings ratio of 25.21 and a beta of 0.90. Capital Group Dividend Value ETF has a fifty-two week low of $31.03 and a fifty-two week high of $37.38.

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.