Capital Group Dividend Value ETF (NYSEARCA:CGDV) Shares Acquired by Lodestone Wealth Management LLC

Lodestone Wealth Management LLC boosted its stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 0.6% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 116,407 shares of the company’s stock after purchasing an additional 683 shares during the quarter. Capital Group Dividend Value ETF makes up approximately 2.1% of Lodestone Wealth Management LLC’s holdings, making the stock its 9th largest position. Lodestone Wealth Management LLC’s holdings in Capital Group Dividend Value ETF were worth $4,104,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Professional Financial Advisors LLC raised its stake in shares of Capital Group Dividend Value ETF by 1.2% in the 4th quarter. Professional Financial Advisors LLC now owns 32,882 shares of the company’s stock worth $1,159,000 after buying an additional 383 shares in the last quarter. Blue Trust Inc. raised its position in Capital Group Dividend Value ETF by 33.3% during 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 position in Capital Group Dividend Value ETF by 7.3% during 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 grew its stake in Capital Group Dividend Value ETF by 0.5% in 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 in the last quarter. Finally, Stratos Wealth Advisors LLC boosted its stake in shares of Capital Group Dividend Value ETF by 0.8% during the 4th quarter. Stratos Wealth Advisors LLC now owns 54,443 shares of the company’s stock worth $1,920,000 after acquiring an additional 449 shares in the last quarter.

Capital Group Dividend Value ETF Stock Performance

Shares of NYSEARCA CGDV opened at $37.20 on Friday. The firm has a market cap of $8.48 billion, a price-to-earnings ratio of 22.38 and a beta of 0.92. The business’s 50-day simple moving average is $36.12 and its 200-day simple 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.