Greenbush Financial Group LLC Purchases 27,481 Shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Greenbush Financial Group LLC grew its position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 15.6% during the 1st quarter, HoldingsChannel reports. The firm owned 203,220 shares of the company’s stock after purchasing an additional 27,481 shares during the quarter. Capital Group Dividend Value ETF comprises about 3.6% of Greenbush Financial Group LLC’s portfolio, making the stock its 14th largest holding. Greenbush Financial Group LLC’s holdings in Capital Group Dividend Value ETF were worth $7,243,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in CGDV. Raymond James Financial Inc. bought a new stake in shares of Capital Group Dividend Value ETF in the 4th quarter valued at $601,244,000. LPL Financial LLC grew its stake in 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 grew its stake in 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. Advance Capital Management Inc. increased its holdings in shares of Capital Group Dividend Value ETF by 17.7% in the first quarter. Advance Capital Management Inc. now owns 12,746,076 shares of the company’s stock worth $454,270,000 after acquiring an additional 1,919,506 shares in the last quarter. Finally, Envestnet Asset Management Inc. increased its holdings in shares of Capital Group Dividend Value ETF by 13.6% in the fourth 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 in the last quarter.

Capital Group Dividend Value ETF Price Performance

NYSEARCA:CGDV opened at $38.60 on Tuesday. Capital Group Dividend Value ETF has a fifty-two week low of $30.94 and a fifty-two week high of $38.76. The stock has a market capitalization of $17.43 billion, a PE ratio of 26.38 and a beta of 0.90. The business’s 50-day simple moving average is $36.00 and its 200-day simple moving average is $36.02.

Capital Group Dividend Value ETF Announces Dividend

The business also recently announced a dividend, which was paid on Tuesday, April 1st. Shareholders of record on Monday, March 31st were issued 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.