Signature Estate & Investment Advisors LLC Raises Holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Signature Estate & Investment Advisors LLC lifted its position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 6.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 208,861 shares of the company’s stock after purchasing an additional 13,416 shares during the quarter. Signature Estate & Investment Advisors LLC’s holdings in Capital Group Dividend Value ETF were worth $7,364,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in CGDV. Venturi Wealth Management LLC purchased a new position in Capital Group Dividend Value ETF during the 4th quarter valued at approximately $47,000. PNC Financial Services Group Inc. bought a new position in shares of Capital Group Dividend Value ETF during the 4th quarter valued at approximately $55,000. Blue Trust Inc. grew its holdings in shares of Capital Group Dividend Value ETF by 33.3% in the fourth quarter. Blue Trust Inc. now owns 1,600 shares of the company’s stock valued at $58,000 after purchasing an additional 400 shares in the last quarter. Oakworth Capital Inc. bought a new stake in Capital Group Dividend Value ETF in the fourth quarter worth $129,000. Finally, Westside Investment Management Inc. raised its stake in Capital Group Dividend Value ETF by 1,595.7% during the fourth quarter. Westside Investment Management Inc. now owns 3,900 shares of the company’s stock valued at $138,000 after purchasing an additional 3,670 shares in the last quarter.

Capital Group Dividend Value ETF Stock Up 1.3 %

CGDV stock opened at $36.47 on Tuesday. Capital Group Dividend Value ETF has a 52 week low of $31.03 and a 52 week high of $37.38. The firm has a market capitalization of $14.45 billion, a P/E ratio of 24.80 and a beta of 0.90. The company has a fifty day simple moving average of $36.49 and a two-hundred day simple moving average of $36.29.

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.