National Wealth Management Group LLC Has $577,000 Stock Position in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

National Wealth Management Group LLC increased its stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 2.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 16,354 shares of the company’s stock after acquiring an additional 329 shares during the quarter. National Wealth Management Group LLC’s holdings in Capital Group Dividend Value ETF were worth $577,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Venturi Wealth Management LLC bought a new position in shares of Capital Group Dividend Value ETF in the 4th quarter worth about $47,000. PNC Financial Services Group Inc. acquired a new position in shares of Capital Group Dividend Value ETF during the 4th quarter valued at $55,000. Blue Trust Inc. grew its holdings in Capital Group Dividend Value ETF by 33.3% in the fourth quarter. Blue Trust Inc. now owns 1,600 shares of the company’s stock worth $58,000 after purchasing an additional 400 shares during the period. Oakworth Capital Inc. acquired a new position in shares of Capital Group Dividend Value ETF during the fourth quarter valued at about $129,000. Finally, Westside Investment Management Inc. grew its stake in shares of Capital Group Dividend Value ETF by 1,595.7% in the 4th quarter. Westside Investment Management Inc. now owns 3,900 shares of the company’s stock valued at $138,000 after buying an additional 3,670 shares during the period.

Capital Group Dividend Value ETF Stock Up 0.5 %

Shares of NYSEARCA:CGDV opened at $35.64 on Tuesday. Capital Group Dividend Value ETF has a twelve month low of $31.03 and a twelve month high of $37.38. The firm has a market capitalization of $14.12 billion, a price-to-earnings ratio of 24.80 and a beta of 0.90. The stock’s 50 day moving average is $36.53 and its 200-day moving average is $36.33.

Capital Group Dividend Value ETF Dividend Announcement

The business also recently announced a dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Monday, March 31st will be issued a $0.1067 dividend. The ex-dividend date of this dividend is 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.