Investment Advisory Services Inc. TX ADV Buys 1,913 Shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Investment Advisory Services Inc. TX ADV grew its holdings in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 17.0% during the 4th quarter, HoldingsChannel reports. The fund owned 13,175 shares of the company’s stock after acquiring an additional 1,913 shares during the quarter. Investment Advisory Services Inc. TX ADV’s holdings in Capital Group Dividend Value ETF were worth $465,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the business. LPL Financial LLC increased its position in Capital Group Dividend Value ETF by 26.8% during the 3rd quarter. LPL Financial LLC now owns 16,169,046 shares of the company’s stock valued at $589,200,000 after purchasing an additional 3,415,106 shares during the period. Commonwealth Equity Services LLC raised its position in Capital Group Dividend Value ETF by 18.9% in the 3rd quarter. Commonwealth Equity Services LLC now owns 7,056,545 shares of the company’s stock worth $257,140,000 after buying an additional 1,121,465 shares during the last quarter. Raymond James & Associates lifted its position in Capital Group Dividend Value ETF by 19.9% during the third quarter. Raymond James & Associates now owns 6,654,717 shares of the company’s stock valued at $242,498,000 after purchasing an additional 1,104,402 shares during the period. Summit Investment Advisory Services LLC bought a new stake in shares of Capital Group Dividend Value ETF in the third quarter worth $32,260,000. Finally, International Assets Investment Management LLC increased its position in shares of Capital Group Dividend Value ETF by 5,953.4% during the 3rd quarter. International Assets Investment Management LLC now owns 649,106 shares of the company’s stock valued at $236,530,000 after purchasing an additional 638,383 shares during the last quarter.

Capital Group Dividend Value ETF Price Performance

Shares of CGDV stock opened at $36.91 on Friday. Capital Group Dividend Value ETF has a 1 year low of $29.86 and a 1 year high of $37.28. The company has a market cap of $8.41 billion, a price-to-earnings ratio of 22.38 and a beta of 0.92. The firm has a fifty day moving average price of $36.08 and a 200-day moving average price of $35.87.

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.