Stephens Inc. AR Raises Holdings in Capital Group Dividend Value ETF $CGDV

Stephens Inc. AR lifted its holdings in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 40.5% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 184,625 shares of the company’s stock after purchasing an additional 53,221 shares during the period. Stephens Inc. AR’s holdings in Capital Group Dividend Value ETF were worth $8,057,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Lincoln Capital LLC increased its position in Capital Group Dividend Value ETF by 1.4% during the third quarter. Lincoln Capital LLC now owns 16,640 shares of the company’s stock worth $705,000 after buying an additional 235 shares in the last quarter. Clark Capital Management Group Inc. boosted its holdings in shares of Capital Group Dividend Value ETF by 2.4% during the third quarter. Clark Capital Management Group Inc. now owns 9,984 shares of the company’s stock worth $420,000 after purchasing an additional 238 shares during the last quarter. Cim LLC boosted its holdings in shares of Capital Group Dividend Value ETF by 2.3% during the third quarter. Cim LLC now owns 11,280 shares of the company’s stock worth $474,000 after purchasing an additional 250 shares during the last quarter. GPS Wealth Strategies Group LLC boosted its holdings in shares of Capital Group Dividend Value ETF by 2.0% during the third quarter. GPS Wealth Strategies Group LLC now owns 13,083 shares of the company’s stock worth $550,000 after purchasing an additional 252 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its holdings in shares of Capital Group Dividend Value ETF by 1.7% during the second quarter. Ameriprise Financial Inc. now owns 16,080 shares of the company’s stock worth $635,000 after purchasing an additional 263 shares during the last quarter.

Capital Group Dividend Value ETF Stock Down 1.2%

CGDV stock opened at $47.82 on Friday. Capital Group Dividend Value ETF has a 52-week low of $36.10 and a 52-week high of $48.49. The stock has a market capitalization of $34.49 billion, a price-to-earnings ratio of 26.59 and a beta of 0.89. The stock’s fifty day simple moving average is $44.80 and its 200-day simple moving average is $44.31.

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. CGDV was launched on Feb 22, 2022 and is managed by Capital Group.