Weatherly Asset Management L. P. Invests $290,000 in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Weatherly Asset Management L. P. bought a new position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 8,218 shares of the company’s stock, valued at approximately $290,000.

Several other hedge funds also recently made changes to their positions in CGDV. Thurston Springer Miller Herd & Titak Inc. increased its stake in Capital Group Dividend Value ETF by 7.3% in the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 4,475 shares of the company’s stock valued at $163,000 after acquiring an additional 304 shares during the last quarter. Procyon Advisors LLC increased its stake in Capital Group Dividend Value ETF by 5.3% in the third quarter. Procyon Advisors LLC now owns 354,309 shares of the company’s stock valued at $12,911,000 after acquiring an additional 17,878 shares during the last quarter. Creative Planning increased its stake in Capital Group Dividend Value ETF by 36.9% in the third quarter. Creative Planning now owns 28,271 shares of the company’s stock valued at $1,030,000 after acquiring an additional 7,618 shares during the last quarter. NBC Securities Inc. increased its stake in Capital Group Dividend Value ETF by 24.6% in the third quarter. NBC Securities Inc. now owns 48,278 shares of the company’s stock valued at $1,759,000 after acquiring an additional 9,535 shares during the last quarter. Finally, First Pacific Financial increased its stake in Capital Group Dividend Value ETF by 15.2% in the third quarter. First Pacific Financial now owns 37,058 shares of the company’s stock valued at $1,350,000 after acquiring an additional 4,886 shares during the last quarter.

Capital Group Dividend Value ETF Price Performance

Shares of Capital Group Dividend Value ETF stock opened at $37.13 on Tuesday. Capital Group Dividend Value ETF has a fifty-two week low of $29.86 and a fifty-two week high of $37.28. The firm has a market capitalization of $8.46 billion, a P/E ratio of 22.38 and a beta of 0.92. The company’s 50 day moving average price is $36.08 and its two-hundred day moving average price is $35.91.

Capital Group Dividend Value ETF Company 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.