Great Valley Advisor Group Inc. Purchases 631 Shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Great Valley Advisor Group Inc. raised its stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 7.4% in the fourth quarter, Holdings Channel.com reports. The firm owned 9,124 shares of the company’s stock after acquiring an additional 631 shares during the period. Great Valley Advisor Group Inc.’s holdings in Capital Group Dividend Value ETF were worth $272,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently bought and sold shares of the stock. Lincoln Capital LLC boosted its holdings in Capital Group Dividend Value ETF by 2.6% in the 4th quarter. Lincoln Capital LLC now owns 16,420 shares of the company’s stock valued at $490,000 after purchasing an additional 418 shares during the period. Carson Advisory Inc. boosted its holdings in Capital Group Dividend Value ETF by 1.0% in the 3rd quarter. Carson Advisory Inc. now owns 55,722 shares of the company’s stock valued at $1,475,000 after purchasing an additional 555 shares during the period. Winch Advisory Services LLC boosted its holdings in Capital Group Dividend Value ETF by 35.1% in the 4th quarter. Winch Advisory Services LLC now owns 2,770 shares of the company’s stock valued at $83,000 after purchasing an additional 719 shares during the period. Tennessee Valley Asset Management Partners bought a new stake in Capital Group Dividend Value ETF in the 4th quarter valued at $26,000. Finally, Larson Financial Group LLC boosted its holdings in Capital Group Dividend Value ETF by 35.3% in the 4th quarter. Larson Financial Group LLC now owns 3,835 shares of the company’s stock valued at $114,000 after purchasing an additional 1,000 shares during the period.

Capital Group Dividend Value ETF Stock Performance

NYSEARCA:CGDV opened at $32.58 on Tuesday. The company has a 50-day moving average of $31.88 and a 200-day moving average of $29.95. The company has a market capitalization of $7.42 billion, a price-to-earnings ratio of 22.38 and a beta of 0.92. Capital Group Dividend Value ETF has a 52 week low of $24.96 and a 52 week high of $32.74.

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.