Farther Finance Advisors LLC Purchases 7,615 Shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Farther Finance Advisors LLC raised its position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 473.3% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 9,224 shares of the company’s stock after purchasing an additional 7,615 shares during the quarter. Farther Finance Advisors LLC’s holdings in Capital Group Dividend Value ETF were worth $330,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the company. CJM Wealth Advisers Ltd. grew its position in Capital Group Dividend Value ETF by 182.3% during the first quarter. CJM Wealth Advisers Ltd. now owns 39,488 shares of the company’s stock valued at $1,407,000 after buying an additional 25,501 shares during the period. Capital Investment Advisors LLC grew its position in shares of Capital Group Dividend Value ETF by 45.3% during the 1st quarter. Capital Investment Advisors LLC now owns 42,156 shares of the company’s stock valued at $1,502,000 after acquiring an additional 13,145 shares during the period. Park Avenue Securities LLC grew its position in shares of Capital Group Dividend Value ETF by 10.9% during the 1st quarter. Park Avenue Securities LLC now owns 87,104 shares of the company’s stock valued at $3,104,000 after acquiring an additional 8,551 shares during the period. Wealthcare Capital Partners LLC bought a new stake in shares of Capital Group Dividend Value ETF during the 1st quarter valued at $376,000. Finally, NavPoint Financial Inc. bought a new stake in Capital Group Dividend Value ETF during the first quarter valued at about $268,000.

Capital Group Dividend Value ETF Stock Performance

NYSEARCA:CGDV opened at $38.27 on Wednesday. The stock has a 50-day simple moving average of $36.07 and a two-hundred day simple moving average of $36.04. Capital Group Dividend Value ETF has a 52-week low of $30.94 and a 52-week high of $38.76. The firm has a market capitalization of $17.28 billion, a PE ratio of 26.38 and a beta of 0.90.

Capital Group Dividend Value ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Tuesday, April 1st. Investors of record on Monday, March 31st were paid a dividend of $0.1067 per share. The ex-dividend date was Monday, March 31st.

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.