JPMorgan Chase & Co. Has $7.79 Million Stock Position in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

JPMorgan Chase & Co. cut its stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 13.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 213,675 shares of the company’s stock after selling 32,278 shares during the period. JPMorgan Chase & Co.’s holdings in Capital Group Dividend Value ETF were worth $7,786,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of CGDV. B. Riley Wealth Advisors Inc. acquired a new position in Capital Group Dividend Value ETF during the third quarter valued at approximately $201,000. Peapack Gladstone Financial Corp increased its stake in shares of Capital Group Dividend Value ETF by 0.5% in the 3rd quarter. Peapack Gladstone Financial Corp now owns 80,610 shares of the company’s stock valued at $2,937,000 after purchasing an additional 440 shares during the last quarter. World Investment Advisors LLC raised its holdings in shares of Capital Group Dividend Value ETF by 31.5% during the 3rd quarter. World Investment Advisors LLC now owns 85,516 shares of the company’s stock worth $3,116,000 after buying an additional 20,485 shares in the last quarter. Anchor Investment Management LLC bought a new stake in shares of Capital Group Dividend Value ETF during the 3rd quarter worth $453,000. Finally, Main Line Retirement Advisors LLC boosted its stake in Capital Group Dividend Value ETF by 4.7% in the third quarter. Main Line Retirement Advisors LLC now owns 358,977 shares of the company’s stock valued at $13,081,000 after buying an additional 16,139 shares in the last quarter.

Capital Group Dividend Value ETF Trading Up 0.4 %

CGDV stock opened at $35.19 on Wednesday. The firm has a 50-day moving average price of $36.15 and a 200-day moving average price of $35.53. Capital Group Dividend Value ETF has a 12 month low of $29.23 and a 12 month high of $37.17. The stock has a market capitalization of $8.02 billion, a P/E ratio of 22.38 and a beta of 0.92.

Capital Group Dividend Value ETF Company 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.