Capital Group Dividend Value ETF (NYSEARCA:CGDV) Shares Purchased by New England Capital Financial Advisors LLC

New England Capital Financial Advisors LLC grew its stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 56.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 46,626 shares of the company’s stock after purchasing an additional 16,732 shares during the quarter. Capital Group Dividend Value ETF accounts for 0.8% of New England Capital Financial Advisors LLC’s investment portfolio, making the stock its 18th biggest position. New England Capital Financial Advisors LLC’s holdings in Capital Group Dividend Value ETF were worth $1,644,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently modified their holdings of the company. Northwest Financial Advisors lifted its position in Capital Group Dividend Value ETF by 35.7% during the 4th quarter. Northwest Financial Advisors now owns 35,037 shares of the company’s stock worth $1,235,000 after acquiring an additional 9,227 shares in the last quarter. Creative Planning lifted its position in shares of Capital Group Dividend Value ETF by 36.9% during the third quarter. Creative Planning now owns 28,271 shares of the company’s stock worth $1,030,000 after purchasing an additional 7,618 shares in the last quarter. Stephens Inc. AR purchased a new position in shares of Capital Group Dividend Value ETF in the fourth quarter valued at $247,000. Trilogy Capital Inc. grew its holdings in Capital Group Dividend Value ETF by 5.0% during the 4th quarter. Trilogy Capital Inc. now owns 22,718 shares of the company’s stock valued at $801,000 after purchasing an additional 1,083 shares in the last quarter. Finally, Cerity Partners LLC increased its stake in Capital Group Dividend Value ETF by 15.0% during the 3rd quarter. Cerity Partners LLC now owns 62,822 shares of the company’s stock worth $2,289,000 after buying an additional 8,203 shares during the period.

Capital Group Dividend Value ETF Price Performance

Shares of CGDV stock opened at $36.83 on Friday. The company’s fifty day moving average price is $36.20 and its two-hundred day moving average price is $36.08. The firm has a market capitalization of $8.39 billion, a P/E ratio of 22.38 and a beta of 0.92. Capital Group Dividend Value ETF has a 12 month low of $30.72 and a 12 month high of $37.38.

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.