Capital Group Dividend Value ETF (NYSEARCA:CGDV) Stake Lifted by AA Financial Advisors LLC

AA Financial Advisors LLC increased its holdings in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 7.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 260,418 shares of the company’s stock after purchasing an additional 17,663 shares during the quarter. Capital Group Dividend Value ETF makes up approximately 2.4% of AA Financial Advisors LLC’s portfolio, making the stock its 8th biggest position. AA Financial Advisors LLC’s holdings in Capital Group Dividend Value ETF were worth $9,182,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Blue Trust Inc. raised its holdings in Capital Group Dividend Value ETF by 33.3% during the fourth quarter. Blue Trust Inc. now owns 1,600 shares of the company’s stock worth $58,000 after purchasing an additional 400 shares in the last quarter. Cassady Schiller Wealth Management LLC purchased a new position in shares of Capital Group Dividend Value ETF in the 3rd quarter valued at $83,000. Mather Group LLC. raised its stake in Capital Group Dividend Value ETF by 36.7% during the 3rd quarter. Mather Group LLC. now owns 3,464 shares of the company’s stock worth $126,000 after acquiring an additional 930 shares in the last quarter. Westside Investment Management Inc. lifted its position in Capital Group Dividend Value ETF by 1,595.7% in the fourth quarter. Westside Investment Management Inc. now owns 3,900 shares of the company’s stock valued at $138,000 after acquiring an additional 3,670 shares during the last quarter. Finally, Valley National Advisers Inc. boosted its stake in Capital Group Dividend Value ETF by 503.2% in the third quarter. Valley National Advisers Inc. now owns 4,192 shares of the company’s stock valued at $151,000 after acquiring an additional 3,497 shares in the last quarter.

Capital Group Dividend Value ETF Stock Performance

Shares of CGDV stock opened at $36.92 on Friday. The stock’s 50-day moving average is $36.08 and its two-hundred day moving average is $35.75. Capital Group Dividend Value ETF has a 1 year low of $29.85 and a 1 year high of $37.17. The firm has a market cap of $8.41 billion, a price-to-earnings ratio of 22.38 and a beta of 0.92.

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.