First Pacific Financial Invests $156,000 in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

First Pacific Financial bought a new position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) during the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 5,236 shares of the company’s stock, valued at approximately $156,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Envestnet Asset Management Inc. raised its stake in shares of Capital Group Dividend Value ETF by 143.1% in the third quarter. Envestnet Asset Management Inc. now owns 5,507,402 shares of the company’s stock worth $145,781,000 after purchasing an additional 3,242,240 shares during the last quarter. Raymond James Financial Services Advisors Inc. increased its stake in shares of Capital Group Dividend Value ETF by 60.8% in the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 5,897,840 shares of the company’s stock valued at $156,116,000 after purchasing an additional 2,230,114 shares in the last quarter. MML Investors Services LLC lifted its position in shares of Capital Group Dividend Value ETF by 187.0% during the 2nd quarter. MML Investors Services LLC now owns 1,834,622 shares of the company’s stock valued at $49,608,000 after buying an additional 1,195,298 shares in the last quarter. LPL Financial LLC increased its stake in shares of Capital Group Dividend Value ETF by 20.6% during the third quarter. LPL Financial LLC now owns 6,795,375 shares of the company’s stock worth $179,874,000 after purchasing an additional 1,161,371 shares in the last quarter. Finally, Capital International Investors purchased a new stake in Capital Group Dividend Value ETF during the 1st quarter worth approximately $24,214,000.

Capital Group Dividend Value ETF Stock Up 1.2 %

Shares of NYSEARCA CGDV opened at $32.58 on Thursday. The firm has a 50-day simple moving average of $30.94 and a 200-day simple moving average of $28.89. The stock has a market capitalization of $3.26 billion, a price-to-earnings ratio of 17.83 and a beta of 0.91. Capital Group Dividend Value ETF has a 52 week low of $24.22 and a 52 week high of $32.60.

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.