IFP Advisors Inc Raises Holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

IFP Advisors Inc lifted its position in Capital Group Dividend Value ETF (NYSEARCA:CGDV – Get Rating) by 49.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 14,279 shares of the company’s stock after purchasing an additional 4,739 shares during the quarter. IFP Advisors Inc’s holdings in Capital Group Dividend Value ETF were worth $360,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Creative Financial Designs Inc. ADV grew its holdings in shares of Capital Group Dividend Value ETF by 100.2% during the third quarter. Creative Financial Designs Inc. ADV now owns 2,002 shares of the company’s stock worth $41,000 after buying an additional 1,002 shares during the last quarter. Affiance Financial LLC purchased a new position in Capital Group Dividend Value ETF during the fourth quarter worth about $45,000. Harbor Investment Advisory LLC acquired a new stake in Capital Group Dividend Value ETF in the third quarter valued at about $49,000. Rockefeller Capital Management L.P. purchased a new stake in Capital Group Dividend Value ETF in the 3rd quarter valued at approximately $51,000. Finally, Spire Wealth Management acquired a new position in Capital Group Dividend Value ETF during the 4th quarter worth approximately $114,000.

Capital Group Dividend Value ETF Price Performance

CGDV opened at $25.33 on Tuesday. The business has a 50 day simple moving average of $24.82 and a 200-day simple moving average of $24.22. Capital Group Dividend Value ETF has a 12 month low of $20.41 and a 12 month high of $25.80. The stock has a market capitalization of $1.67 billion, a P/E ratio of 17.83 and a beta of 0.87.

Capital Group Dividend Value ETF Company Profile

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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.