Capital Group Dividend Value ETF (NYSEARCA:CGDV) Holdings Boosted by Acas LLC

Acas LLC grew its stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 148.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 77,964 shares of the company’s stock after purchasing an additional 46,594 shares during the quarter. Capital Group Dividend Value ETF makes up 2.6% of Acas LLC’s portfolio, making the stock its 11th largest holding. Acas LLC’s holdings in Capital Group Dividend Value ETF were worth $2,326,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. CWM LLC lifted its position in Capital Group Dividend Value ETF by 174.9% in the 3rd quarter. CWM LLC now owns 15,921 shares of the company’s stock valued at $421,000 after purchasing an additional 10,130 shares during the last quarter. Geneos Wealth Management Inc. boosted its position in shares of Capital Group Dividend Value ETF by 143.3% during the third quarter. Geneos Wealth Management Inc. now owns 3,711 shares of the company’s stock worth $98,000 after buying an additional 2,186 shares during the period. Ronald Blue Trust Inc. bought a new position in Capital Group Dividend Value ETF in the 3rd quarter worth approximately $32,000. DAVENPORT & Co LLC increased its position in Capital Group Dividend Value ETF by 102.7% in the 3rd quarter. DAVENPORT & Co LLC now owns 55,654 shares of the company’s stock valued at $1,473,000 after acquiring an additional 28,196 shares during the period. Finally, Founders Financial Securities LLC raised its stake in Capital Group Dividend Value ETF by 25.5% during the 3rd quarter. Founders Financial Securities LLC now owns 43,702 shares of the company’s stock valued at $1,157,000 after acquiring an additional 8,887 shares in the last quarter.

Capital Group Dividend Value ETF Stock Down 0.5 %

CGDV stock traded down $0.17 during trading on Thursday, reaching $31.71. 635,122 shares of the company’s stock were exchanged, compared to its average volume of 1,462,750. The firm has a market cap of $6.97 billion, a PE ratio of 21.74 and a beta of 0.91. Capital Group Dividend Value ETF has a 1-year low of $24.86 and a 1-year high of $32.74. The company’s fifty day moving average price is $31.63 and its 200-day moving average price is $29.61.

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.