Ruggaard & Associates LLC Boosts Stock Holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Ruggaard & Associates LLC boosted its stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 1.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 392,050 shares of the company’s stock after buying an additional 4,195 shares during the quarter. Capital Group Dividend Value ETF makes up 6.1% of Ruggaard & Associates LLC’s portfolio, making the stock its 3rd largest position. Ruggaard & Associates LLC owned 0.17% of Capital Group Dividend Value ETF worth $13,824,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also added to or reduced their stakes in the company. National Wealth Management Group LLC boosted its stake in shares of Capital Group Dividend Value ETF by 2.1% during the fourth quarter. National Wealth Management Group LLC now owns 16,354 shares of the company’s stock valued at $577,000 after purchasing an additional 329 shares in the last quarter. Professional Financial Advisors LLC grew its position in shares of Capital Group Dividend Value ETF by 1.2% in the 4th quarter. Professional Financial Advisors LLC now owns 32,882 shares of the company’s stock worth $1,159,000 after buying an additional 383 shares during the last quarter. Blue Trust Inc. increased its position in shares of Capital Group Dividend Value ETF by 33.3% during the fourth quarter. Blue Trust Inc. now owns 1,600 shares of the company’s stock worth $58,000 after purchasing an additional 400 shares in the last quarter. Carnegie Lake Advisors LLC increased its position in Capital Group Dividend Value ETF by 7.3% during the 4th quarter. Carnegie Lake Advisors LLC now owns 6,142 shares of the company’s stock valued at $217,000 after buying an additional 420 shares in the last quarter. Finally, Peapack Gladstone Financial Corp boosted its stake in Capital Group Dividend Value ETF by 0.5% in the 3rd quarter. Peapack Gladstone Financial Corp now owns 80,610 shares of the company’s stock worth $2,937,000 after purchasing an additional 440 shares in the last quarter.

Capital Group Dividend Value ETF Trading Down 6.0 %

NYSEARCA CGDV opened at $32.33 on Friday. Capital Group Dividend Value ETF has a 12-month low of $31.03 and a 12-month high of $37.38. The company has a fifty day simple moving average of $36.39 and a two-hundred day simple moving average of $36.29. The stock has a market cap of $13.12 billion, a P/E ratio of 24.24 and a beta of 0.89.

Capital Group Dividend Value ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Tuesday, April 1st. Investors of record on Monday, March 31st were paid a $0.1067 dividend. The ex-dividend date was Monday, March 31st.

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.