Capital Group Dividend Value ETF (NYSEARCA:CGDV) Shares Bought by Silver Oak Securities Incorporated

Silver Oak Securities Incorporated increased its holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 44.1% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 248,797 shares of the company’s stock after buying an additional 76,176 shares during the period. Capital Group Dividend Value ETF comprises approximately 1.0% of Silver Oak Securities Incorporated’s holdings, making the stock its 18th biggest position. Silver Oak Securities Incorporated owned 0.25% of Capital Group Dividend Value ETF worth $7,424,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of CGDV. Raymond James Financial Services Advisors Inc. grew its holdings in shares of Capital Group Dividend Value ETF by 23.5% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 7,283,139 shares of the company’s stock valued at $217,329,000 after purchasing an additional 1,385,299 shares during the last quarter. LPL Financial LLC increased its position in Capital Group Dividend Value ETF by 20.6% in the third quarter. LPL Financial LLC now owns 6,795,375 shares of the company’s stock worth $179,874,000 after buying an additional 1,161,371 shares during the period. Envestnet Asset Management Inc. lifted its stake in Capital Group Dividend Value ETF by 143.1% in the third quarter. Envestnet Asset Management Inc. now owns 5,507,402 shares of the company’s stock valued at $145,781,000 after buying an additional 3,242,240 shares during the last quarter. Raymond James & Associates lifted its stake in Capital Group Dividend Value ETF by 12.8% in the fourth quarter. Raymond James & Associates now owns 4,124,429 shares of the company’s stock valued at $123,073,000 after buying an additional 468,938 shares during the last quarter. Finally, Confluence Wealth Services Inc. boosted its holdings in shares of Capital Group Dividend Value ETF by 71.8% during the fourth quarter. Confluence Wealth Services Inc. now owns 3,462,094 shares of the company’s stock valued at $103,309,000 after acquiring an additional 1,446,779 shares during the period.

Capital Group Dividend Value ETF Price Performance

Shares of CGDV stock traded up $0.17 during trading hours on Friday, reaching $32.11. The stock had a trading volume of 1,274,066 shares, compared to its average volume of 1,482,313. The firm has a market capitalization of $7.06 billion, a PE ratio of 21.74 and a beta of 0.91. The firm has a 50-day simple moving average of $31.72 and a 200-day simple moving average of $29.72. Capital Group Dividend Value ETF has a twelve month low of $24.86 and a twelve month high of $32.74.

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.