Latitude Advisors LLC Acquires 5,146 Shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Latitude Advisors LLC lifted its holdings in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 12.1% in the 4th quarter, Holdings Channel reports. The institutional investor owned 47,526 shares of the company’s stock after acquiring an additional 5,146 shares during the period. Capital Group Dividend Value ETF accounts for about 0.9% of Latitude Advisors LLC’s portfolio, making the stock its 21st biggest position. Latitude Advisors LLC’s holdings in Capital Group Dividend Value ETF were worth $1,676,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of CGDV. Blue Trust Inc. grew its position in shares of Capital Group Dividend Value ETF by 33.3% during the 4th quarter. Blue Trust Inc. now owns 1,600 shares of the company’s stock worth $58,000 after buying an additional 400 shares during the period. Cassady Schiller Wealth Management LLC acquired a new stake in Capital Group Dividend Value ETF in the third quarter worth $83,000. Oakworth Capital Inc. bought a new position in shares of Capital Group Dividend Value ETF during the fourth quarter worth $129,000. Westside Investment Management Inc. grew its holdings in shares of Capital Group Dividend Value ETF by 1,595.7% in the 4th quarter. Westside Investment Management Inc. now owns 3,900 shares of the company’s stock valued at $138,000 after buying an additional 3,670 shares during the period. Finally, Valley National Advisers Inc. increased its position in shares of Capital Group Dividend Value ETF by 503.2% in the 3rd quarter. Valley National Advisers Inc. now owns 4,192 shares of the company’s stock valued at $151,000 after buying an additional 3,497 shares in the last quarter.

Capital Group Dividend Value ETF Trading Up 0.6 %

CGDV stock opened at $37.13 on Tuesday. Capital Group Dividend Value ETF has a 1-year low of $29.86 and a 1-year high of $37.28. The firm has a market cap of $8.46 billion, a PE ratio of 22.38 and a beta of 0.92. The business’s 50-day moving average price is $36.08 and its two-hundred day moving average price is $35.91.

Capital Group Dividend Value ETF Company 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.