Ausdal Financial Partners Inc. Grows Position in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Ausdal Financial Partners Inc. grew its stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 4.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 89,494 shares of the company’s stock after buying an additional 3,405 shares during the quarter. Ausdal Financial Partners Inc.’s holdings in Capital Group Dividend Value ETF were worth $3,156,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Raymond James Financial Inc. purchased a new stake in Capital Group Dividend Value ETF in the 4th quarter worth approximately $601,244,000. LPL Financial LLC boosted its position 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 worth $775,143,000 after purchasing an additional 5,814,581 shares during the period. Jones Financial Companies Lllp increased its stake in shares of Capital Group Dividend Value ETF by 73.0% in the fourth 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 in the last quarter. Commonwealth Equity Services LLC raised its position in shares of Capital Group Dividend Value ETF by 14.3% during the 4th quarter. Commonwealth Equity Services LLC now owns 8,065,081 shares of the company’s stock valued at $284,375,000 after purchasing an additional 1,008,536 shares during the period. Finally, Kestra Advisory Services LLC lifted its stake in shares of Capital Group Dividend Value ETF by 23.2% during the 4th quarter. Kestra Advisory Services LLC now owns 3,697,300 shares of the company’s stock valued at $130,367,000 after buying an additional 696,412 shares in the last quarter.

Capital Group Dividend Value ETF Stock Performance

Shares of CGDV stock opened at $36.54 on Wednesday. The stock has a fifty day simple moving average of $36.52 and a two-hundred day simple moving average of $36.30. The firm has a market capitalization of $14.48 billion, a PE ratio of 24.80 and a beta of 0.90. Capital Group Dividend Value ETF has a 52-week low of $31.03 and a 52-week high of $37.38.

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.