Milestone Investment Advisors LLC Raises Stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Milestone Investment Advisors LLC boosted its stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 7.3% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 68,782 shares of the company’s stock after acquiring an additional 4,693 shares during the period. Milestone Investment Advisors LLC’s holdings in Capital Group Dividend Value ETF were worth $2,425,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. OneAscent Financial Services LLC bought a new stake in shares of Capital Group Dividend Value ETF in the 4th quarter worth approximately $1,729,000. National Wealth Management Group LLC raised its stake in shares of Capital Group Dividend Value ETF by 2.1% in the fourth quarter. National Wealth Management Group LLC now owns 16,354 shares of the company’s stock valued at $577,000 after buying an additional 329 shares during the period. RiverFront Investment Group LLC purchased a new position in shares of Capital Group Dividend Value ETF during the 4th quarter valued at $319,000. Orion Portfolio Solutions LLC grew its stake in shares of Capital Group Dividend Value ETF by 2.7% during the 4th quarter. Orion Portfolio Solutions LLC now owns 620,865 shares of the company’s stock worth $21,892,000 after acquiring an additional 16,426 shares during the period. Finally, Blair William & Co. IL increased its holdings in Capital Group Dividend Value ETF by 10.1% in the 4th quarter. Blair William & Co. IL now owns 440,091 shares of the company’s stock worth $15,518,000 after acquiring an additional 40,257 shares during the last quarter.

Capital Group Dividend Value ETF Stock Up 0.3 %

NYSEARCA CGDV opened at $35.84 on Thursday. The company has a market cap of $14.20 billion, a PE ratio of 24.80 and a beta of 0.90. Capital Group Dividend Value ETF has a 52 week low of $31.03 and a 52 week high of $37.38. The firm’s 50-day simple moving average is $36.52 and its two-hundred day simple moving average is $36.32.

Capital Group Dividend Value ETF Announces Dividend

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

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.