KPP Advisory Services LLC Raises Holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

KPP Advisory Services LLC grew its holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 184.6% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 171,053 shares of the company’s stock after buying an additional 110,946 shares during the quarter. Capital Group Dividend Value ETF comprises 1.5% of KPP Advisory Services LLC’s investment portfolio, making the stock its 15th biggest holding. KPP Advisory Services LLC owned 0.08% of Capital Group Dividend Value ETF worth $5,645,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the business. Headlands Technologies LLC purchased a new stake in shares of Capital Group Dividend Value ETF during the 2nd quarter worth $27,000. Glassman Wealth Services acquired a new stake in shares of Capital Group Dividend Value ETF during the 1st quarter valued at approximately $29,000. Transcendent Capital Group LLC acquired a new stake in shares of Capital Group Dividend Value ETF in the 4th quarter worth approximately $33,000. Signaturefd LLC acquired a new position in Capital Group Dividend Value ETF during the second quarter worth $36,000. Finally, Hershey Financial Advisers LLC acquired a new stake in Capital Group Dividend Value ETF in the second quarter valued at $36,000.

Capital Group Dividend Value ETF Stock Up 0.3 %

Shares of CGDV stock opened at $36.44 on Tuesday. The stock has a market cap of $8.30 billion, a P/E ratio of 22.38 and a beta of 0.92. Capital Group Dividend Value ETF has a fifty-two week low of $25.47 and a fifty-two week high of $36.69. The business has a fifty day simple moving average of $35.05 and a 200-day simple moving average of $33.56.

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.