Moloney Securities Asset Management LLC Purchases 10,539 Shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Moloney Securities Asset Management LLC lifted its position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 31.1% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 44,437 shares of the company’s stock after acquiring an additional 10,539 shares during the quarter. Moloney Securities Asset Management LLC’s holdings in Capital Group Dividend Value ETF were worth $1,567,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Blue Trust Inc. grew its position in shares of Capital Group Dividend Value ETF by 33.3% during the 4th quarter. Blue Trust Inc. now owns 1,600 shares of the company’s stock worth $58,000 after buying an additional 400 shares in the last quarter. Cassady Schiller Wealth Management LLC purchased a new stake in shares of Capital Group Dividend Value ETF during the 3rd quarter worth $83,000. Mather Group LLC. lifted 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 purchasing an additional 930 shares during the last quarter. Oakworth Capital Inc. purchased a new stake in shares of Capital Group Dividend Value ETF during the 4th quarter worth $129,000. Finally, Westside Investment Management Inc. lifted its stake 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 worth $138,000 after purchasing an additional 3,670 shares during the last quarter.

Capital Group Dividend Value ETF Price Performance

Shares of NYSEARCA CGDV opened at $36.91 on Friday. The stock has a market capitalization of $8.41 billion, a P/E ratio of 22.38 and a beta of 0.92. Capital Group Dividend Value ETF has a 1-year low of $29.86 and a 1-year high of $37.28. The business has a fifty day moving average price of $36.08 and a 200 day moving average price of $35.87.

About Capital Group Dividend Value ETF

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.