Accel Wealth Management Raises Stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Accel Wealth Management lifted its holdings in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 126.4% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 41,417 shares of the company’s stock after purchasing an additional 23,124 shares during the quarter. Accel Wealth Management’s holdings in Capital Group Dividend Value ETF were worth $1,460,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in CGDV. Mercer Global Advisors Inc. ADV grew its stake in Capital Group Dividend Value ETF by 10.5% during the second quarter. Mercer Global Advisors Inc. ADV now owns 18,389 shares of the company’s stock worth $607,000 after buying an additional 1,747 shares during the period. Marshall Wace LLP purchased a new position in shares of Capital Group Dividend Value ETF in the second quarter valued at $1,789,000. Smith Thornton Advisors LLC acquired a new stake in Capital Group Dividend Value ETF during the 2nd quarter valued at $533,000. Rockport Wealth LLC increased its stake in Capital Group Dividend Value ETF by 14.4% during the 2nd quarter. Rockport Wealth LLC now owns 10,587 shares of the company’s stock worth $349,000 after buying an additional 1,329 shares during the period. Finally, Magnolia Capital Advisors LLC acquired a new position in Capital Group Dividend Value ETF in the 2nd quarter worth $1,453,000.

Capital Group Dividend Value ETF Stock Up 0.1 %

Shares of CGDV opened at $36.64 on Friday. The business’s 50 day moving average is $36.04 and its two-hundred day moving average is $35.67. The firm has a market cap of $8.35 billion, a price-to-earnings ratio of 22.38 and a beta of 0.92. Capital Group Dividend Value ETF has a 52-week low of $29.85 and a 52-week high of $37.17.

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.