M.E. Allison & CO. Inc. Invests $3.80 Million in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

M.E. Allison & CO. Inc. bought a new position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 107,745 shares of the company’s stock, valued at approximately $3,799,000. Capital Group Dividend Value ETF makes up approximately 4.2% of M.E. Allison & CO. Inc.’s portfolio, making the stock its largest holding.

Other institutional investors have also recently made changes to their positions in the company. Hershey Financial Advisers LLC bought a new position in shares of Capital Group Dividend Value ETF in the 2nd quarter worth approximately $36,000. Cassady Schiller Wealth Management LLC purchased a new stake in shares of Capital Group Dividend Value ETF in the 3rd quarter worth approximately $83,000. Mather Group LLC. grew its stake in shares of Capital Group Dividend Value ETF by 36.7% in the 3rd quarter. Mather Group LLC. now owns 3,464 shares of the company’s stock worth $126,000 after buying an additional 930 shares during the last quarter. Valley National Advisers Inc. grew its stake in shares of Capital Group Dividend Value ETF by 503.2% in the 3rd quarter. Valley National Advisers Inc. now owns 4,192 shares of the company’s stock worth $151,000 after buying an additional 3,497 shares during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. grew its stake in shares of Capital Group Dividend Value ETF by 7.3% in the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 4,475 shares of the company’s stock worth $163,000 after buying an additional 304 shares during the last quarter.

Capital Group Dividend Value ETF Stock Up 0.8 %

Capital Group Dividend Value ETF stock opened at $35.82 on Monday. The company has a market capitalization of $8.16 billion, a P/E ratio of 22.38 and a beta of 0.92. The stock’s 50 day moving average is $36.06 and its 200 day moving average is $35.60. Capital Group Dividend Value ETF has a twelve month low of $29.34 and a twelve month high of $37.17.

Capital Group Dividend Value ETF Company 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.