Brendel Financial Advisors LLC Takes Position in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Brendel Financial Advisors LLC acquired a new stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 18,572 shares of the company’s stock, valued at approximately $655,000.

Several other large investors have also made changes to their positions in CGDV. Headlands Technologies LLC purchased a new stake in Capital Group Dividend Value ETF during the second quarter worth $27,000. Hershey Financial Advisers LLC purchased a new stake in Capital Group Dividend Value ETF during the second quarter worth $36,000. Cassady Schiller Wealth Management LLC purchased a new stake in Capital Group Dividend Value ETF during the third quarter worth $83,000. Mather Group LLC. boosted its holdings in Capital Group Dividend Value ETF by 36.7% during the third quarter. Mather Group LLC. now owns 3,464 shares of the company’s stock worth $126,000 after buying an additional 930 shares in the last quarter. Finally, Mark Sheptoff Financial Planning LLC boosted its holdings in Capital Group Dividend Value ETF by 19.5% during the second quarter. Mark Sheptoff Financial Planning LLC now owns 3,854 shares of the company’s stock worth $127,000 after buying an additional 629 shares in the last quarter.

Capital Group Dividend Value ETF Stock Performance

Shares of NYSEARCA CGDV opened at $35.19 on Wednesday. The company’s fifty day moving average price is $36.15 and its 200 day moving average price is $35.53. Capital Group Dividend Value ETF has a 1 year low of $29.23 and a 1 year high of $37.17. The company has a market capitalization of $8.02 billion, a PE ratio of 22.38 and a beta of 0.92.

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.