Lodestone Wealth Management LLC Acquires 683 Shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Lodestone Wealth Management LLC boosted its holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 0.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 116,407 shares of the company’s stock after buying an additional 683 shares during the period. Capital Group Dividend Value ETF accounts for approximately 2.1% of Lodestone Wealth Management LLC’s holdings, making the stock its 9th largest holding. Lodestone Wealth Management LLC owned approximately 0.05% of Capital Group Dividend Value ETF worth $4,104,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in CGDV. Nations Financial Group Inc. IA ADV lifted its stake in shares of Capital Group Dividend Value ETF by 850.2% in the 4th quarter. Nations Financial Group Inc. IA ADV now owns 223,143 shares of the company’s stock valued at $7,868,000 after purchasing an additional 199,660 shares in the last quarter. PUREfi Wealth LLC acquired a new position in shares of Capital Group Dividend Value ETF in the 4th quarter valued at about $307,000. Walkner Condon Financial Advisors LLC lifted its stake in shares of Capital Group Dividend Value ETF by 38.3% in the 4th quarter. Walkner Condon Financial Advisors LLC now owns 8,300 shares of the company’s stock valued at $293,000 after purchasing an additional 2,300 shares in the last quarter. Gladstone Institutional Advisory LLC lifted its stake in shares of Capital Group Dividend Value ETF by 174.7% in the 4th quarter. Gladstone Institutional Advisory LLC now owns 27,784 shares of the company’s stock valued at $980,000 after purchasing an additional 17,670 shares in the last quarter. Finally, Beacon Financial Group purchased a new stake in shares of Capital Group Dividend Value ETF during the 4th quarter valued at about $258,000.

Capital Group Dividend Value ETF Stock Performance

Shares of NYSEARCA:CGDV opened at $37.20 on Friday. The company has a market cap of $8.48 billion, a P/E ratio of 22.38 and a beta of 0.92. Capital Group Dividend Value ETF has a one year low of $30.28 and a one year high of $37.38. The business’s 50-day simple moving average is $36.12 and its 200 day simple moving average is $35.96.

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.