Tempus Wealth Planning LLC Increases Stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Tempus Wealth Planning LLC raised its holdings in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 226.0% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 177,542 shares of the company’s stock after acquiring an additional 123,075 shares during the period. Capital Group Dividend Value ETF makes up about 1.9% of Tempus Wealth Planning LLC’s investment portfolio, making the stock its 10th largest position. Tempus Wealth Planning LLC’s holdings in Capital Group Dividend Value ETF were worth $6,260,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Blue Trust Inc. lifted its stake in shares of Capital Group Dividend Value ETF by 33.3% in the 4th quarter. Blue Trust Inc. now owns 1,600 shares of the company’s stock valued at $58,000 after purchasing an additional 400 shares during the period. Cassady Schiller Wealth Management LLC purchased a new position in Capital Group Dividend Value ETF in the 3rd quarter worth about $83,000. Mather Group LLC. lifted its holdings in shares of Capital Group Dividend Value ETF by 36.7% during the 3rd quarter. Mather Group LLC. now owns 3,464 shares of the company’s stock valued at $126,000 after buying an additional 930 shares during the period. Westside Investment Management Inc. boosted its holdings in shares of Capital Group Dividend Value ETF by 1,595.7% in the fourth quarter. Westside Investment Management Inc. now owns 3,900 shares of the company’s stock worth $138,000 after buying an additional 3,670 shares during the last quarter. Finally, Valley National Advisers Inc. grew its holdings 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

CGDV opened at $36.58 on Tuesday. Capital Group Dividend Value ETF has a fifty-two week low of $29.86 and a fifty-two week high of $37.17. The firm’s fifty day moving average is $36.08 and its 200 day moving average is $35.81. The stock has a market cap of $8.34 billion, a price-to-earnings ratio of 22.38 and a beta of 0.92.

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.