NBC Securities Inc. Sells 946 Shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV)

NBC Securities Inc. cut its holdings in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 3.6% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 25,294 shares of the company’s stock after selling 946 shares during the quarter. NBC Securities Inc.’s holdings in Capital Group Dividend Value ETF were worth $822,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of CGDV. HighTower Advisors LLC bought a new stake in Capital Group Dividend Value ETF during the third quarter valued at about $1,075,000. LPL Financial LLC raised its holdings in Capital Group Dividend Value ETF by 20.6% during the third quarter. LPL Financial LLC now owns 6,795,375 shares of the company’s stock valued at $179,874,000 after acquiring an additional 1,161,371 shares during the period. Visionary Wealth Advisors bought a new stake in Capital Group Dividend Value ETF during the third quarter valued at about $236,000. Stifel Financial Corp raised its holdings in Capital Group Dividend Value ETF by 3.8% during the third quarter. Stifel Financial Corp now owns 1,050,628 shares of the company’s stock valued at $27,810,000 after acquiring an additional 38,687 shares during the period. Finally, Cary Street Partners Investment Advisory LLC raised its holdings in Capital Group Dividend Value ETF by 4.6% during the third quarter. Cary Street Partners Investment Advisory LLC now owns 174,827 shares of the company’s stock valued at $4,628,000 after acquiring an additional 7,718 shares during the period.

Capital Group Dividend Value ETF Stock Down 0.0 %

NYSEARCA:CGDV opened at $33.34 on Thursday. Capital Group Dividend Value ETF has a 52 week low of $25.47 and a 52 week high of $33.41. The business’s 50-day simple moving average is $32.55 and its two-hundred day simple moving average is $31.24. The stock has a market cap of $7.60 billion, a PE ratio of 22.38 and a beta of 0.92.

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.