RFG Advisory LLC Boosts Stock Position in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

RFG Advisory LLC grew its position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 334.6% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 29,906 shares of the company’s stock after purchasing an additional 23,025 shares during the period. RFG Advisory LLC’s holdings in Capital Group Dividend Value ETF were worth $1,054,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Hershey Financial Advisers LLC acquired a new position in Capital Group Dividend Value ETF in the 2nd quarter worth approximately $36,000. Cassady Schiller Wealth Management LLC purchased a new stake in shares of Capital Group Dividend Value ETF in the 3rd quarter valued at $83,000. Mather Group LLC. increased its stake in shares of Capital Group Dividend Value ETF by 36.7% in the third quarter. Mather Group LLC. now owns 3,464 shares of the company’s stock worth $126,000 after acquiring an additional 930 shares during the period. Westside Investment Management Inc. raised its holdings in shares of Capital Group Dividend Value ETF by 1,595.7% during the fourth quarter. Westside Investment Management Inc. now owns 3,900 shares of the company’s stock worth $138,000 after purchasing an additional 3,670 shares during the last quarter. Finally, Valley National Advisers Inc. lifted its position in Capital Group Dividend Value ETF by 503.2% during the third quarter. Valley National Advisers Inc. now owns 4,192 shares of the company’s stock valued at $151,000 after purchasing an additional 3,497 shares during the period.

Capital Group Dividend Value ETF Stock Performance

NYSEARCA:CGDV opened at $36.64 on Friday. The firm’s fifty day moving average is $36.04 and its two-hundred day moving average is $35.69. The firm has a market cap of $8.35 billion, a price-to-earnings ratio of 22.38 and a beta of 0.92. Capital Group Dividend Value ETF has a one year low of $29.85 and a one year high of $37.17.

About Capital Group Dividend Value ETF

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.