First Heartland Consultants Inc. Raises Stock Position in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

First Heartland Consultants Inc. boosted its stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 66.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 57,363 shares of the company’s stock after acquiring an additional 22,910 shares during the quarter. First Heartland Consultants Inc.’s holdings in Capital Group Dividend Value ETF were worth $2,023,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in CGDV. Raymond James Financial Inc. bought a new position in shares of Capital Group Dividend Value ETF during the 4th quarter valued at approximately $601,244,000. LPL Financial LLC raised its stake in shares of Capital Group Dividend Value ETF by 36.0% in the fourth quarter. LPL Financial LLC now owns 21,983,627 shares of the company’s stock valued at $775,143,000 after acquiring an additional 5,814,581 shares during the period. Cetera Investment Advisers raised its stake in shares of Capital Group Dividend Value ETF by 42.2% in the fourth quarter. Cetera Investment Advisers now owns 8,447,056 shares of the company’s stock valued at $297,843,000 after acquiring an additional 2,508,825 shares during the period. Envestnet Asset Management Inc. lifted its holdings in shares of Capital Group Dividend Value ETF by 13.6% in the 4th quarter. Envestnet Asset Management Inc. now owns 11,136,141 shares of the company’s stock worth $392,660,000 after acquiring an additional 1,336,256 shares during the last quarter. Finally, Jones Financial Companies Lllp boosted its stake in shares of Capital Group Dividend Value ETF by 73.0% during the 4th quarter. Jones Financial Companies Lllp now owns 2,685,061 shares of the company’s stock worth $94,675,000 after purchasing an additional 1,132,566 shares during the period.

Capital Group Dividend Value ETF Trading Down 0.2%

Shares of NYSEARCA:CGDV opened at $37.22 on Wednesday. Capital Group Dividend Value ETF has a 12 month low of $30.94 and a 12 month high of $37.38. The company has a market capitalization of $16.25 billion, a price-to-earnings ratio of 25.72 and a beta of 0.89. The firm’s 50-day moving average is $35.06 and its 200 day moving average is $35.90.

Capital Group Dividend Value ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Tuesday, April 1st. Stockholders of record on Monday, March 31st were paid a dividend of $0.1067 per share. The ex-dividend date of this dividend was Monday, March 31st.

Capital Group Dividend Value ETF 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.