Capital Group Dividend Value ETF (NYSEARCA:CGDV) Shares Acquired by Procyon Advisors LLC

Procyon Advisors LLC increased its position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 44.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 510,514 shares of the company’s stock after purchasing an additional 156,205 shares during the quarter. Capital Group Dividend Value ETF accounts for approximately 1.1% of Procyon Advisors LLC’s investment portfolio, making the stock its 18th largest holding. Procyon Advisors LLC owned 0.22% of Capital Group Dividend Value ETF worth $18,001,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the company. Hershey Financial Advisers LLC purchased a new position in Capital Group Dividend Value ETF during the 2nd quarter worth approximately $36,000. Cassady Schiller Wealth Management LLC purchased a new position in shares of Capital Group Dividend Value ETF during the third quarter worth $83,000. Mather Group LLC. raised its holdings in shares of Capital Group Dividend Value ETF by 36.7% during the third quarter. Mather Group LLC. now owns 3,464 shares of the company’s stock worth $126,000 after purchasing an additional 930 shares during the last quarter. Mark Sheptoff Financial Planning LLC lifted its position in Capital Group Dividend Value ETF by 19.5% during the second quarter. Mark Sheptoff Financial Planning LLC now owns 3,854 shares of the company’s stock valued at $127,000 after purchasing an additional 629 shares during the period. Finally, Valley National Advisers Inc. boosted its holdings in Capital Group Dividend Value ETF by 503.2% in 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 last quarter.

Capital Group Dividend Value ETF Stock Performance

NYSEARCA CGDV opened at $35.53 on Friday. Capital Group Dividend Value ETF has a fifty-two week low of $29.23 and a fifty-two week high of $37.17. The firm has a market capitalization of $8.10 billion, a P/E ratio of 22.38 and a beta of 0.92. The stock has a 50-day simple moving average of $36.08 and a two-hundred day simple moving average of $35.54.

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.