Flow Traders U.S. LLC Has $2.02 Million Stock Position in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Flow Traders U.S. LLC lessened its stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 31.4% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 80,799 shares of the company’s stock after selling 36,942 shares during the period. Flow Traders U.S. LLC owned 0.12% of Capital Group Dividend Value ETF worth $2,015,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the company. LPL Financial LLC boosted its holdings in Capital Group Dividend Value ETF by 20.1% during the 1st quarter. LPL Financial LLC now owns 3,412,870 shares of the company’s stock worth $85,117,000 after acquiring an additional 572,214 shares during the last quarter. Raymond James Financial Services Advisors Inc. boosted its holdings in Capital Group Dividend Value ETF by 17.2% during the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 2,989,106 shares of the company’s stock worth $74,548,000 after acquiring an additional 438,432 shares during the last quarter. Raymond James & Associates boosted its holdings in Capital Group Dividend Value ETF by 12.0% during the 1st quarter. Raymond James & Associates now owns 2,885,181 shares of the company’s stock worth $71,956,000 after acquiring an additional 308,411 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its position in shares of Capital Group Dividend Value ETF by 57.4% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,341,386 shares of the company’s stock valued at $55,233,000 after acquiring an additional 854,109 shares during the last quarter. Finally, Advisor Group Holdings Inc. lifted its holdings in Capital Group Dividend Value ETF by 48.9% during the fourth quarter. Advisor Group Holdings Inc. now owns 2,045,354 shares of the company’s stock worth $48,249,000 after acquiring an additional 671,594 shares during the period.

Capital Group Dividend Value ETF Stock Up 0.2 %

Capital Group Dividend Value ETF stock opened at $27.33 on Monday. Capital Group Dividend Value ETF has a twelve month low of $20.41 and a twelve month high of $28.27. The firm has a 50 day moving average price of $27.46 and a 200-day moving average price of $26.06. The company has a market capitalization of $2.74 billion, a P/E ratio of 17.83 and a beta of 0.91.

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.