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

Trinity Wealth Management LLC raised its stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 5.5% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 138,870 shares of the company’s stock after purchasing an additional 7,215 shares during the period. Capital Group Dividend Value ETF accounts for approximately 2.2% of Trinity Wealth Management LLC’s investment portfolio, making the stock its 14th biggest position. Trinity Wealth Management LLC’s holdings in Capital Group Dividend Value ETF were worth $4,897,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. LPL Financial LLC raised its position in shares of Capital Group Dividend Value ETF by 26.8% during the third quarter. LPL Financial LLC now owns 16,169,046 shares of the company’s stock worth $589,200,000 after acquiring an additional 3,415,106 shares during the last quarter. Advance Capital Management Inc. increased its position in Capital Group Dividend Value ETF by 0.4% during the 4th quarter. Advance Capital Management Inc. now owns 10,826,570 shares of the company’s stock valued at $381,745,000 after purchasing an additional 40,491 shares during the period. Commonwealth Equity Services LLC raised its holdings in Capital Group Dividend Value ETF by 18.9% during the 3rd quarter. Commonwealth Equity Services LLC now owns 7,056,545 shares of the company’s stock worth $257,140,000 after purchasing an additional 1,121,465 shares during the last quarter. Raymond James & Associates lifted its position in shares of Capital Group Dividend Value ETF by 19.9% in the 3rd quarter. Raymond James & Associates now owns 6,654,717 shares of the company’s stock worth $242,498,000 after purchasing an additional 1,104,402 shares during the period. 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 during the last quarter.

Capital Group Dividend Value ETF Stock Down 0.5 %

Shares of NYSEARCA CGDV opened at $36.75 on Friday. The company has a market capitalization of $8.38 billion, a PE ratio of 22.38 and a beta of 0.92. Capital Group Dividend Value ETF has a twelve month low of $29.85 and a twelve month high of $37.17. The firm has a fifty day simple moving average of $36.08 and a 200 day simple moving average of $35.77.

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.