J.W. Cole Advisors Inc. Increases Stock Holdings in Capital Group Dividend Value ETF $CGDV

J.W. Cole Advisors Inc. raised its position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 22.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 214,822 shares of the company’s stock after acquiring an additional 39,361 shares during the quarter. J.W. Cole Advisors Inc.’s holdings in Capital Group Dividend Value ETF were worth $8,804,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in CGDV. Axxcess Wealth Management LLC grew its holdings in Capital Group Dividend Value ETF by 448.9% during the 4th quarter. Axxcess Wealth Management LLC now owns 3,520,015 shares of the company’s stock valued at $153,613,000 after purchasing an additional 2,878,723 shares in the last quarter. Raymond James Financial Inc. lifted its stake in shares of Capital Group Dividend Value ETF by 14.3% in the third quarter. Raymond James Financial Inc. now owns 22,125,677 shares of the company’s stock worth $929,942,000 after acquiring an additional 2,772,053 shares in the last quarter. Bank of America Corp DE raised its position in shares of Capital Group Dividend Value ETF by 20.4% in the 3rd quarter. Bank of America Corp DE now owns 15,868,443 shares of the company’s stock valued at $666,951,000 after purchasing an additional 2,688,496 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in Capital Group Dividend Value ETF by 12.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 18,754,937 shares of the company’s stock valued at $818,465,000 after acquiring an additional 2,061,385 shares during the last quarter. Finally, Mainstay Capital Management LLC ADV bought a new position in Capital Group Dividend Value ETF during the 3rd quarter valued at $70,987,000.

Capital Group Dividend Value ETF Price Performance

Shares of CGDV stock opened at $47.88 on Friday. The firm has a fifty day moving average of $46.16 and a two-hundred day moving average of $44.87. The firm has a market cap of $34.53 billion, a P/E ratio of 26.59 and a beta of 0.89. Capital Group Dividend Value ETF has a 1-year low of $37.98 and a 1-year high of $49.10.

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. CGDV was launched on Feb 22, 2022 and is managed by Capital Group.