Litman Gregory Wealth Management LLC Buys 1,327 Shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Litman Gregory Wealth Management LLC increased its stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 3.7% in the 4th quarter, Holdings Channel reports. The firm owned 36,827 shares of the company’s stock after buying an additional 1,327 shares during the period. Litman Gregory Wealth Management LLC’s holdings in Capital Group Dividend Value ETF were worth $1,299,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Blue Trust Inc. lifted its stake in shares of Capital Group Dividend Value ETF by 33.3% in the 4th 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 period. Cassady Schiller Wealth Management LLC purchased a new stake in Capital Group Dividend Value ETF during the third quarter valued at approximately $83,000. Mather Group LLC. boosted its stake in shares of Capital Group Dividend Value ETF by 36.7% during the 3rd quarter. Mather Group LLC. now owns 3,464 shares of the company’s stock worth $126,000 after acquiring an additional 930 shares during the last quarter. Westside Investment Management Inc. grew its position in shares of Capital Group Dividend Value ETF by 1,595.7% during the 4th quarter. Westside Investment Management Inc. now owns 3,900 shares of the company’s stock valued at $138,000 after acquiring an additional 3,670 shares during the period. Finally, Valley National Advisers Inc. increased its stake in shares of Capital Group Dividend Value ETF by 503.2% in the 3rd quarter. Valley National Advisers Inc. now owns 4,192 shares of the company’s stock worth $151,000 after purchasing an additional 3,497 shares in the last quarter.

Capital Group Dividend Value ETF Stock Performance

NYSEARCA CGDV opened at $36.75 on Friday. Capital Group Dividend Value ETF has a fifty-two week low of $29.85 and a fifty-two week high of $37.17. The company has a market capitalization of $8.38 billion, a PE ratio of 22.38 and a beta of 0.92. The business’s fifty day moving average is $36.08 and its 200 day moving average is $35.77.

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.