Tennessee Valley Asset Management Partners Makes New $26,000 Investment in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Tennessee Valley Asset Management Partners purchased a new position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 885 shares of the company’s stock, valued at approximately $26,000.

A number of other large investors have also added to or reduced their stakes in the company. Cerity Partners LLC bought a new stake in Capital Group Dividend Value ETF in the 4th quarter worth $1,428,000. WESPAC Advisors LLC bought a new stake in shares of Capital Group Dividend Value ETF during the 4th quarter valued at about $1,347,000. Confluence Wealth Services Inc. boosted its stake in shares of Capital Group Dividend Value ETF by 71.8% during the 4th quarter. Confluence Wealth Services Inc. now owns 3,462,094 shares of the company’s stock valued at $103,309,000 after purchasing an additional 1,446,779 shares in the last quarter. Strategic Blueprint LLC boosted its stake in shares of Capital Group Dividend Value ETF by 8.9% during the 4th quarter. Strategic Blueprint LLC now owns 310,560 shares of the company’s stock valued at $9,267,000 after purchasing an additional 25,333 shares in the last quarter. Finally, Bleakley Financial Group LLC boosted its stake in shares of Capital Group Dividend Value ETF by 18.0% during the 4th quarter. Bleakley Financial Group LLC now owns 88,128 shares of the company’s stock valued at $2,630,000 after purchasing an additional 13,428 shares in the last quarter.

Capital Group Dividend Value ETF Trading Down 0.1 %

Shares of CGDV opened at $31.88 on Thursday. The firm’s 50-day moving average price is $31.63 and its 200-day moving average price is $29.61. The firm has a market capitalization of $7.01 billion, a price-to-earnings ratio of 21.74 and a beta of 0.91. Capital Group Dividend Value ETF has a 1-year low of $24.86 and a 1-year high of $32.74.

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.