PUREfi Wealth LLC Purchases New Stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

PUREfi Wealth LLC purchased a new stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 8,700 shares of the company’s stock, valued at approximately $307,000.

Several other hedge funds have also recently bought and sold shares of the business. Professional Financial Advisors LLC raised its holdings in 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 valued at $1,159,000 after buying an additional 383 shares during the period. Blue Trust Inc. raised its holdings in 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 valued at $58,000 after buying an additional 400 shares during the period. Carnegie Lake Advisors LLC raised its holdings in Capital Group Dividend Value ETF by 7.3% in the fourth quarter. Carnegie Lake Advisors LLC now owns 6,142 shares of the company’s stock valued at $217,000 after buying an additional 420 shares during the period. Peapack Gladstone Financial Corp raised its stake in shares of Capital Group Dividend Value ETF by 0.5% during the third quarter. Peapack Gladstone Financial Corp now owns 80,610 shares of the company’s stock valued at $2,937,000 after purchasing an additional 440 shares during the period. Finally, Stratos Wealth Advisors LLC raised its stake in shares of Capital Group Dividend Value ETF by 0.8% during the fourth quarter. Stratos Wealth Advisors LLC now owns 54,443 shares of the company’s stock valued at $1,920,000 after purchasing an additional 449 shares during the period.

Capital Group Dividend Value ETF Stock Down 0.4 %

CGDV opened at $37.20 on Friday. The firm has a market capitalization of $8.48 billion, a P/E ratio of 22.38 and a beta of 0.92. The firm’s 50 day moving average is $36.12 and its 200-day moving average is $35.96. Capital Group Dividend Value ETF has a 52-week low of $30.28 and a 52-week high of $37.38.

Capital Group Dividend Value ETF Company 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.