Mather Group LLC. acquired a new stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV – Free Report) during the first quarter, according to its most recent filing with the SEC. The fund purchased 2,534 shares of the company’s stock valued at approximately $76,000.
A number of other hedge funds and institutional investors have also recently made changes to their positions in the stock. Raymond James Financial Services Advisors Inc. increased its position in Capital Group Dividend Value ETF by 23.5% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 7,283,139 shares of the company’s stock worth $217,329,000 after purchasing an additional 1,385,299 shares in the last quarter. Envestnet Asset Management Inc. increased its position in Capital Group Dividend Value ETF by 15.0% in the fourth quarter. Envestnet Asset Management Inc. now owns 6,331,512 shares of the company’s stock worth $188,932,000 after purchasing an additional 824,110 shares in the last quarter. Raymond James & Associates increased its position in Capital Group Dividend Value ETF by 12.8% in the fourth quarter. Raymond James & Associates now owns 4,124,429 shares of the company’s stock valued at $123,073,000 after purchasing an additional 468,938 shares in the last quarter. Wells Fargo & Company MN grew its position in Capital Group Dividend Value ETF by 117.2% in the fourth quarter. Wells Fargo & Company MN now owns 4,098,283 shares of the company’s stock valued at $122,293,000 after purchasing an additional 2,211,266 shares in the last quarter. Finally, Commonwealth Equity Services LLC grew its position in Capital Group Dividend Value ETF by 17.2% in the fourth quarter. Commonwealth Equity Services LLC now owns 3,824,670 shares of the company’s stock valued at $114,128,000 after purchasing an additional 560,690 shares in the last quarter.
Capital Group Dividend Value ETF shares down 0.3%
Capital Group Dividend Value ETF stock opened at $33.23 on Friday. Capital Group Dividend Value ETF has a 52-week low of $25.47 and a 52-week high of $33.41. The company has a 50-day moving average of $32.60 and a 200-day moving average of $31.31. The stock has a market cap of $7.57 billion, a price-to-earnings ratio of 22.38 and a beta of 0.92.
About Capital Group Dividend Value ETF
(Free report)
The Capital Group Dividend Value ETF (CGDV) is an exchange-traded fund that invests primarily in equity securities of the entire market. The fund is an actively managed fund that invests primarily in equity securities of large- and mid-cap U.S. dividend-paying companies. The fund seeks to provide income in excess of the average yield of U.S. equities.
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