Concurrent Investment Advisors LLC Purchases 83,315 Shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Concurrent Investment Advisors LLC increased its position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 26.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 398,068 shares of the company’s stock after purchasing an additional 83,315 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in Capital Group Dividend Value ETF were worth $14,036,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Venturi Wealth Management LLC bought a new position in shares of Capital Group Dividend Value ETF during the fourth quarter valued at $47,000. Blue Trust Inc. boosted its stake in shares of 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 purchasing an additional 400 shares in the last quarter. Cassady Schiller Wealth Management LLC acquired a new stake in shares of Capital Group Dividend Value ETF in the 3rd quarter valued at $83,000. Oakworth Capital Inc. acquired a new stake in shares of Capital Group Dividend Value ETF in the 4th quarter valued at $129,000. Finally, Westside Investment Management Inc. boosted its stake 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 purchasing an additional 3,670 shares in the last quarter.

Capital Group Dividend Value ETF Stock Performance

Shares of NYSEARCA:CGDV opened at $37.33 on Thursday. Capital Group Dividend Value ETF has a 52 week low of $30.28 and a 52 week high of $37.38. The company’s fifty day moving average is $36.17 and its 200-day moving average is $36.03. The company has a market capitalization of $8.51 billion, a PE 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.