Capital Group Dividend Value ETF (NYSEARCA:CGDV) Shares Sold by Lodestar Private Asset Management LLC

Lodestar Private Asset Management LLC cut its holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 1.9% in the fourth quarter, Holdings Channel reports. The institutional investor owned 80,815 shares of the company’s stock after selling 1,531 shares during the quarter. Lodestar Private Asset Management LLC’s holdings in Capital Group Dividend Value ETF were worth $2,850,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in CGDV. Blue Trust Inc. grew its stake in Capital Group Dividend Value ETF by 33.3% in the 4th quarter. Blue Trust Inc. now owns 1,600 shares of the company’s stock valued at $58,000 after acquiring an additional 400 shares during the period. Cassady Schiller Wealth Management LLC purchased a new position in Capital Group Dividend Value ETF during the third quarter valued at $83,000. Mather Group LLC. grew its position in shares of 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 valued at $126,000 after purchasing an additional 930 shares during the period. Oakworth Capital Inc. purchased a new stake in shares of Capital Group Dividend Value ETF during the fourth quarter worth about $129,000. Finally, Westside Investment Management Inc. raised its position in shares of Capital Group Dividend Value ETF by 1,595.7% during the 4th quarter. Westside Investment Management Inc. now owns 3,900 shares of the company’s stock worth $138,000 after purchasing an additional 3,670 shares during the last quarter.

Capital Group Dividend Value ETF Trading Up 0.7 %

Shares of Capital Group Dividend Value ETF stock opened at $37.17 on Friday. Capital Group Dividend Value ETF has a twelve month low of $29.86 and a twelve month high of $37.17. The firm has a market capitalization of $8.47 billion, a PE ratio of 22.38 and a beta of 0.92. The firm’s 50-day moving average price is $36.08 and its 200 day moving average price is $35.84.

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.