196,545 Shares in Capital Group Dividend Value ETF (NYSEARCA:CGDV) Purchased by IAM Advisory LLC

IAM Advisory LLC acquired a new stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 196,545 shares of the company’s stock, valued at approximately $6,930,000. Capital Group Dividend Value ETF makes up 1.8% of IAM Advisory LLC’s investment portfolio, making the stock its 12th largest position. IAM Advisory LLC owned about 0.09% of Capital Group Dividend Value ETF as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of CGDV. Hershey Financial Advisers LLC purchased a new stake in shares of Capital Group Dividend Value ETF in the 2nd quarter worth about $36,000. Cassady Schiller Wealth Management LLC purchased a new position in shares of Capital Group Dividend Value ETF during the 3rd quarter worth approximately $83,000. Mather Group LLC. raised its position in shares of Capital Group Dividend Value ETF by 36.7% during the 3rd quarter. Mather Group LLC. now owns 3,464 shares of the company’s stock worth $126,000 after purchasing an additional 930 shares during the last quarter. Valley National Advisers Inc. lifted its stake in 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 valued at $151,000 after buying an additional 3,497 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. grew its holdings in Capital Group Dividend Value ETF by 7.3% during the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 4,475 shares of the company’s stock valued at $163,000 after buying an additional 304 shares during the last quarter.

Capital Group Dividend Value ETF Stock Performance

Capital Group Dividend Value ETF stock opened at $35.82 on Friday. Capital Group Dividend Value ETF has a fifty-two week low of $29.34 and a fifty-two week high of $37.17. The stock has a fifty day moving average of $36.06 and a two-hundred day moving average of $35.58. The company has a market capitalization of $8.16 billion, a price-to-earnings ratio of 22.38 and a beta of 0.92.

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.