Moloney Securities Asset Management LLC Acquires 10,539 Shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Moloney Securities Asset Management LLC raised its holdings in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 31.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 44,437 shares of the company’s stock after acquiring an additional 10,539 shares during the period. Moloney Securities Asset Management LLC’s holdings in Capital Group Dividend Value ETF were worth $1,567,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of CGDV. Thurston Springer Miller Herd & Titak Inc. grew its holdings in shares of Capital Group Dividend Value ETF by 7.3% in the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 4,475 shares of the company’s stock worth $163,000 after purchasing an additional 304 shares during the last quarter. Professional Financial Advisors LLC grew its holdings in shares of Capital Group Dividend Value ETF by 1.2% in the fourth quarter. Professional Financial Advisors LLC now owns 32,882 shares of the company’s stock worth $1,159,000 after purchasing an additional 383 shares during the last quarter. Blue Trust Inc. grew its holdings in shares of Capital Group Dividend Value ETF by 33.3% in the fourth quarter. Blue Trust Inc. now owns 1,600 shares of the company’s stock worth $58,000 after purchasing an additional 400 shares during the last quarter. Peapack Gladstone Financial Corp lifted its stake in Capital Group Dividend Value ETF by 0.5% in the third quarter. Peapack Gladstone Financial Corp now owns 80,610 shares of the company’s stock worth $2,937,000 after acquiring an additional 440 shares during the period. Finally, Stratos Wealth Advisors LLC lifted its stake in Capital Group Dividend Value ETF by 0.8% in the fourth quarter. Stratos Wealth Advisors LLC now owns 54,443 shares of the company’s stock worth $1,920,000 after acquiring an additional 449 shares during the period.

Capital Group Dividend Value ETF Stock Down 0.7 %

Shares of CGDV stock opened at $36.91 on Friday. The stock has a fifty day moving average of $36.08 and a 200 day moving average of $35.87. Capital Group Dividend Value ETF has a 52 week low of $29.86 and a 52 week high of $37.28. The firm has a market capitalization of $8.41 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.