Paces Ferry Wealth Advisors LLC Purchases New Holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Paces Ferry Wealth Advisors LLC acquired a new stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 5,760 shares of the company’s stock, valued at approximately $203,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. LPL Financial LLC grew its position in shares of Capital Group Dividend Value ETF by 36.0% during the fourth quarter. LPL Financial LLC now owns 21,983,627 shares of the company’s stock worth $775,143,000 after buying an additional 5,814,581 shares in the last quarter. Sei Investments Co. raised its holdings in Capital Group Dividend Value ETF by 7.0% in the fourth quarter. Sei Investments Co. now owns 875,728 shares of the company’s stock valued at $30,878,000 after acquiring an additional 57,412 shares in the last quarter. Summit Global Investments boosted its stake in Capital Group Dividend Value ETF by 7.6% during the 4th quarter. Summit Global Investments now owns 19,777 shares of the company’s stock valued at $697,000 after acquiring an additional 1,396 shares during the last quarter. Gutierrez Wealth Advisory LLC acquired a new position in Capital Group Dividend Value ETF during the 4th quarter worth $12,326,000. Finally, Compass Ion Advisors LLC increased its position in shares of Capital Group Dividend Value ETF by 22.7% in the 4th quarter. Compass Ion Advisors LLC now owns 8,649 shares of the company’s stock worth $305,000 after purchasing an additional 1,598 shares during the last quarter.

Capital Group Dividend Value ETF Stock Performance

Shares of CGDV stock opened at $35.99 on Friday. The stock has a market capitalization of $14.26 billion, a price-to-earnings ratio of 24.80 and a beta of 0.90. Capital Group Dividend Value ETF has a one year low of $31.03 and a one year high of $37.38. The company’s 50-day simple moving average is $36.46 and its 200-day simple moving average is $36.27.

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.