Capital Group Dividend Value ETF (NYSEARCA:CGDV) is Smallwood Wealth Investment Management LLC’s 7th Largest Position

Smallwood Wealth Investment Management LLC trimmed its holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 0.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 108,194 shares of the company’s stock after selling 824 shares during the quarter. Capital Group Dividend Value ETF comprises approximately 2.6% of Smallwood Wealth Investment Management LLC’s portfolio, making the stock its 7th largest holding. Smallwood Wealth Investment Management LLC’s holdings in Capital Group Dividend Value ETF were worth $3,815,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in CGDV. Hershey Financial Advisers LLC acquired a new position in Capital Group Dividend Value ETF in the 2nd quarter valued at about $36,000. Cassady Schiller Wealth Management LLC acquired a new position in Capital Group Dividend Value ETF in the third quarter valued at approximately $83,000. Mather Group LLC. grew its position in Capital Group Dividend Value ETF by 36.7% in the third quarter. Mather Group LLC. now owns 3,464 shares of the company’s stock worth $126,000 after acquiring an additional 930 shares during the period. Westside Investment Management Inc. increased its stake in Capital Group Dividend Value ETF by 1,595.7% during the fourth quarter. Westside Investment Management Inc. now owns 3,900 shares of the company’s stock worth $138,000 after acquiring an additional 3,670 shares during the last quarter. Finally, Valley National Advisers Inc. raised its position 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 purchasing an additional 3,497 shares during the period.

Capital Group Dividend Value ETF Trading Up 1.0 %

NYSEARCA CGDV opened at $36.60 on Friday. The stock has a fifty day simple moving average of $36.02 and a 200-day simple moving average of $35.65. The stock has a market cap of $8.34 billion, a PE ratio of 22.38 and a beta of 0.92. Capital Group Dividend Value ETF has a twelve month low of $29.85 and a twelve month high of $37.17.

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.