Strategic Blueprint LLC Grows Position in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Strategic Blueprint LLC raised its holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 13.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 503,425 shares of the company’s stock after purchasing an additional 59,227 shares during the period. Capital Group Dividend Value ETF accounts for about 1.1% of Strategic Blueprint LLC’s holdings, making the stock its 19th biggest position. Strategic Blueprint LLC owned 0.22% of Capital Group Dividend Value ETF worth $17,751,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of CGDV. LPL Financial LLC boosted its stake in Capital Group Dividend Value ETF by 26.8% in the 3rd quarter. LPL Financial LLC now owns 16,169,046 shares of the company’s stock worth $589,200,000 after purchasing an additional 3,415,106 shares during the period. Advance Capital Management Inc. grew its stake in Capital Group Dividend Value ETF by 18.5% during the third quarter. Advance Capital Management Inc. now owns 10,786,079 shares of the company’s stock valued at $393,045,000 after acquiring an additional 1,686,328 shares in the last quarter. Commonwealth Equity Services LLC increased its holdings in Capital Group Dividend Value ETF by 18.9% during the 3rd quarter. Commonwealth Equity Services LLC now owns 7,056,545 shares of the company’s stock worth $257,140,000 after acquiring an additional 1,121,465 shares during the period. Raymond James & Associates lifted its stake in Capital Group Dividend Value ETF by 19.9% in the 3rd quarter. Raymond James & Associates now owns 6,654,717 shares of the company’s stock worth $242,498,000 after purchasing an additional 1,104,402 shares in the last quarter. Finally, Summit Investment Advisory Services LLC bought a new position in Capital Group Dividend Value ETF in the 3rd quarter valued at $32,260,000.

Capital Group Dividend Value ETF Stock Performance

Capital Group Dividend Value ETF stock opened at $36.63 on Wednesday. The stock has a market cap of $8.35 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 $29.85 and a fifty-two week high of $37.17. The firm’s fifty day moving average price is $36.06 and its 200-day moving average price is $35.74.

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.