Wealthgarden F.S. LLC Sells 20,430 Shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Wealthgarden F.S. LLC cut its position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 67.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,833 shares of the company’s stock after selling 20,430 shares during the quarter. Wealthgarden F.S. LLC’s holdings in Capital Group Dividend Value ETF were worth $347,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Venturi Wealth Management LLC bought a new position in shares of Capital Group Dividend Value ETF in the fourth quarter valued at $47,000. Blue Trust Inc. grew its stake in shares of Capital Group Dividend Value ETF by 33.3% in the fourth quarter. Blue Trust Inc. now owns 1,600 shares of the company’s stock valued at $58,000 after buying an additional 400 shares in the last quarter. Cassady Schiller Wealth Management LLC bought a new position in shares of Capital Group Dividend Value ETF in the third quarter valued at $83,000. Oakworth Capital Inc. bought a new position in shares of Capital Group Dividend Value ETF in the fourth quarter valued at $129,000. Finally, Westside Investment Management Inc. grew its stake in shares of 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 buying an additional 3,670 shares in the last quarter.

Capital Group Dividend Value ETF Trading Down 1.3 %

NYSEARCA:CGDV opened at $36.83 on Friday. Capital Group Dividend Value ETF has a 1-year low of $30.72 and a 1-year high of $37.38. The firm has a fifty day simple moving average of $36.20 and a 200 day simple moving average of $36.08. The stock has a market capitalization of $8.39 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.