Cerity Partners LLC Grows Stock Holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Cerity Partners LLC raised its position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 1.7% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 65,205 shares of the company’s stock after purchasing an additional 1,111 shares during the period. Cerity Partners LLC’s holdings in Capital Group Dividend Value ETF were worth $2,324,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Golden State Wealth Management LLC bought a new position in shares of Capital Group Dividend Value ETF during the first quarter valued at about $32,000. Fifth Third Bancorp bought a new position in shares of Capital Group Dividend Value ETF during the first quarter valued at about $37,000. ORG Partners LLC grew its stake in shares of Capital Group Dividend Value ETF by 100.4% during the first quarter. ORG Partners LLC now owns 1,102 shares of the company’s stock valued at $39,000 after buying an additional 552 shares during the last quarter. PNC Financial Services Group Inc. bought a new position in shares of Capital Group Dividend Value ETF during the fourth quarter valued at about $55,000. Finally, EQ Wealth Advisors LLC bought a new position in shares of Capital Group Dividend Value ETF during the first quarter valued at about $56,000.

Capital Group Dividend Value ETF Price Performance

NYSEARCA CGDV opened at $40.63 on Friday. The stock has a market capitalization of $19.58 billion, a PE ratio of 26.59 and a beta of 0.91. Capital Group Dividend Value ETF has a 1 year low of $30.94 and a 1 year high of $40.85. The business’s 50-day moving average is $38.49 and its 200 day moving average is $36.63.

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.