New Century Financial Group LLC Acquires New Shares in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

New Century Financial Group LLC bought a new stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV) during the second quarter, HoldingsChannel.com reports. The firm bought 10,451 shares of the company’s stock, valued at approximately $345,000.

Several other institutional investors have also recently bought and sold shares of the business. Oppenheimer & Co. Inc. raised its position in Capital Group Dividend Value ETF by 8.5% in the first quarter. Oppenheimer & Co. Inc. now owns 62,894 shares of the company’s stock valued at $2,044,000 after purchasing an additional 4,905 shares during the last quarter. Thoroughbred Financial Services LLC boosted its position in Capital Group Dividend Value ETF by 90.8% during the 1st quarter. Thoroughbred Financial Services LLC now owns 18,535 shares of the company’s stock worth $602,000 after buying an additional 8,821 shares during the period. Harbour Investments Inc. grew its holdings in Capital Group Dividend Value ETF by 25.2% during the 4th quarter. Harbour Investments Inc. now owns 183,803 shares of the company’s stock worth $5,485,000 after acquiring an additional 37,015 shares during the last quarter. OLD Mission Capital LLC grew its holdings in Capital Group Dividend Value ETF by 16.3% during the 4th quarter. OLD Mission Capital LLC now owns 386,902 shares of the company’s stock worth $11,545,000 after acquiring an additional 54,289 shares during the last quarter. Finally, Kingsview Wealth Management LLC increased its position in Capital Group Dividend Value ETF by 8.5% in the 1st quarter. Kingsview Wealth Management LLC now owns 17,570 shares of the company’s stock valued at $571,000 after acquiring an additional 1,375 shares during the period.

Capital Group Dividend Value ETF Stock Down 0.5 %

Shares of NYSEARCA:CGDV opened at $36.26 on Wednesday. The firm has a market cap of $8.26 billion, a P/E ratio of 22.38 and a beta of 0.92. Capital Group Dividend Value ETF has a 12-month low of $25.47 and a 12-month high of $36.69. The business has a fifty day simple moving average of $35.09 and a 200 day simple moving average of $33.59.

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.