Spire Wealth Management Increases Stock Holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Spire Wealth Management grew its stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 42.1% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 38,435 shares of the company’s stock after purchasing an additional 11,379 shares during the quarter. Spire Wealth Management’s holdings in Capital Group Dividend Value ETF were worth $1,151,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Choreo LLC grew its position in shares of Capital Group Dividend Value ETF by 2.1% in the 4th quarter. Choreo LLC now owns 151,726 shares of the company’s stock worth $4,528,000 after buying an additional 3,186 shares during the period. Valmark Advisers Inc. lifted its holdings in shares of Capital Group Dividend Value ETF by 13.3% during the fourth quarter. Valmark Advisers Inc. now owns 522,452 shares of the company’s stock valued at $15,590,000 after purchasing an additional 61,365 shares during the last quarter. Larson Financial Group LLC boosted its position in shares of Capital Group Dividend Value ETF by 35.3% in the 4th quarter. Larson Financial Group LLC now owns 3,835 shares of the company’s stock worth $114,000 after purchasing an additional 1,000 shares in the last quarter. International Assets Investment Management LLC purchased a new stake in shares of Capital Group Dividend Value ETF in the 4th quarter worth approximately $80,340,000. Finally, Sittner & Nelson LLC increased its position in Capital Group Dividend Value ETF by 14.1% during the 3rd quarter. Sittner & Nelson LLC now owns 102,764 shares of the company’s stock valued at $2,720,000 after buying an additional 12,665 shares in the last quarter.

Capital Group Dividend Value ETF Trading Down 0.4 %

Capital Group Dividend Value ETF stock opened at $32.52 on Wednesday. Capital Group Dividend Value ETF has a 12 month low of $24.96 and a 12 month high of $32.78. The business’s fifty day simple moving average is $31.91 and its two-hundred day simple moving average is $29.99. The company has a market capitalization of $7.41 billion, a price-to-earnings 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.