CapWealth Advisors LLC Cuts Stock Holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

CapWealth Advisors LLC lowered its stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDVFree Report) by 3.8% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 27,559 shares of the company’s stock after selling 1,075 shares during the quarter. CapWealth Advisors LLC’s holdings in Capital Group Dividend Value ETF were worth $896,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Tennessee Valley Asset Management Partners bought a new stake in Capital Group Dividend Value ETF during the fourth quarter worth $26,000. Transcendent Capital Group LLC bought a new stake in shares of Capital Group Dividend Value ETF during the 4th quarter worth $33,000. Signaturefd LLC purchased a new position in shares of Capital Group Dividend Value ETF in the 4th quarter worth about $37,000. Raleigh Capital Management Inc. bought a new position in Capital Group Dividend Value ETF during the fourth quarter valued at about $61,000. Finally, Mather Group LLC. purchased a new stake in Capital Group Dividend Value ETF during the first quarter worth about $76,000.

Capital Group Dividend Value ETF Stock Performance

CGDV stock traded down $0.02 during mid-day trading on Tuesday, hitting $33.35. The company had a trading volume of 1,188,431 shares, compared to its average volume of 1,577,614. Capital Group Dividend Value ETF has a 12 month low of $25.47 and a 12 month high of $33.56. The stock’s fifty day moving average price is $32.98 and its two-hundred day moving average price is $31.68. The firm has a market cap of $7.60 billion, a PE ratio of 22.38 and a beta of 0.92.

Capital Group Dividend Value ETF Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Capital Group Dividend Value ETF (NYSEARCA:CGDV)

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