Armstrong Fleming & Moore Inc Boosts Stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Armstrong Fleming & Moore Inc raised its position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 23.1% in the 3rd quarter, Holdings Channel reports. The firm owned 116,198 shares of the company’s stock after buying an additional 21,827 shares during the quarter. Capital Group Dividend Value ETF accounts for 2.5% of Armstrong Fleming & Moore Inc’s holdings, making the stock its 6th largest position. Armstrong Fleming & Moore Inc’s holdings in Capital Group Dividend Value ETF were worth $4,234,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the company. Advance Capital Management Inc. bought a new position in shares of Capital Group Dividend Value ETF in the second quarter worth approximately $300,292,000. Cetera Investment Advisers increased its holdings in shares of Capital Group Dividend Value ETF by 256.8% in the 1st quarter. Cetera Investment Advisers now owns 4,319,438 shares of the company’s stock worth $140,382,000 after buying an additional 3,108,678 shares during the last quarter. LPL Financial LLC raised its position in shares of Capital Group Dividend Value ETF by 15.6% during the 2nd quarter. LPL Financial LLC now owns 12,753,940 shares of the company’s stock valued at $420,880,000 after buying an additional 1,722,366 shares in the last quarter. Commonwealth Equity Services LLC raised its position in shares of Capital Group Dividend Value ETF by 32.5% during the 2nd quarter. Commonwealth Equity Services LLC now owns 5,935,080 shares of the company’s stock valued at $195,858,000 after buying an additional 1,457,036 shares in the last quarter. Finally, Dechtman Wealth Management LLC lifted its holdings in shares of Capital Group Dividend Value ETF by 158.3% during the 2nd quarter. Dechtman Wealth Management LLC now owns 1,745,166 shares of the company’s stock worth $57,590,000 after acquiring an additional 1,069,458 shares during the last quarter.

Capital Group Dividend Value ETF Stock Performance

CGDV traded up $0.04 during trading on Thursday, reaching $36.99. The stock had a trading volume of 591,207 shares, compared to its average volume of 1,607,501. The business has a 50-day moving average of $35.63 and a 200-day moving average of $33.91. Capital Group Dividend Value ETF has a one year low of $25.47 and a one year high of $37.17. The stock has a market cap of $8.43 billion, a PE ratio of 22.38 and a beta of 0.92.

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.