World Investment Advisors LLC Increases Stock Holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

World Investment Advisors LLC increased its stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 31.5% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 85,516 shares of the company’s stock after acquiring an additional 20,485 shares during the quarter. World Investment Advisors LLC’s holdings in Capital Group Dividend Value ETF were worth $3,116,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in CGDV. Headlands Technologies LLC purchased a new stake in shares of Capital Group Dividend Value ETF during the second quarter worth about $27,000. Signaturefd LLC purchased a new stake in Capital Group Dividend Value ETF during the 2nd quarter worth approximately $36,000. Hershey Financial Advisers LLC acquired a new position in shares of Capital Group Dividend Value ETF during the second quarter valued at approximately $36,000. Cassady Schiller Wealth Management LLC purchased a new position in shares of Capital Group Dividend Value ETF in the third quarter valued at approximately $83,000. Finally, Ashton Thomas Private Wealth LLC acquired a new stake in shares of Capital Group Dividend Value ETF in the second quarter worth approximately $88,000.

Capital Group Dividend Value ETF Stock Performance

Shares of CGDV opened at $36.32 on Friday. The stock has a 50 day moving average price of $36.56 and a 200 day moving average price of $35.13. The stock has a market capitalization of $8.28 billion, a price-to-earnings ratio of 22.38 and a beta of 0.92. Capital Group Dividend Value ETF has a one year low of $29.23 and a one year high of $37.17.

Capital Group Dividend Value ETF Company 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.