Barrett & Company Inc. Increases Holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Barrett & Company Inc. increased its holdings in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 20.4% in the fourth quarter, Holdings Channel reports. The firm owned 23,380 shares of the company’s stock after acquiring an additional 3,959 shares during the period. Barrett & Company Inc.’s holdings in Capital Group Dividend Value ETF were worth $824,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Northwest Financial Advisors lifted its holdings in Capital Group Dividend Value ETF by 35.7% in the 4th quarter. Northwest Financial Advisors now owns 35,037 shares of the company’s stock worth $1,235,000 after buying an additional 9,227 shares in the last quarter. Creative Planning lifted its holdings in Capital Group Dividend Value ETF by 36.9% in the 3rd quarter. Creative Planning now owns 28,271 shares of the company’s stock worth $1,030,000 after buying an additional 7,618 shares in the last quarter. Prospect Financial Services LLC acquired a new position in Capital Group Dividend Value ETF in the 3rd quarter worth $248,000. PFG Advisors lifted its holdings in Capital Group Dividend Value ETF by 13.5% in the 3rd quarter. PFG Advisors now owns 75,993 shares of the company’s stock worth $2,769,000 after buying an additional 9,056 shares in the last quarter. Finally, Armstrong Fleming & Moore Inc lifted its holdings in Capital Group Dividend Value ETF by 23.1% in the 3rd quarter. Armstrong Fleming & Moore Inc now owns 116,198 shares of the company’s stock worth $4,234,000 after buying an additional 21,827 shares in the last quarter.

Capital Group Dividend Value ETF Price Performance

Shares of CGDV stock opened at $37.17 on Friday. Capital Group Dividend Value ETF has a 12 month low of $29.86 and a 12 month high of $37.17. The firm has a market capitalization of $8.47 billion, a P/E ratio of 22.38 and a beta of 0.92. The company’s fifty day moving average price is $36.08 and its two-hundred day moving average price is $35.84.

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.