Capital Group Dividend Value ETF (NYSEARCA:CGDV) Shares Acquired by Principal Securities Inc.

Principal Securities Inc. lifted its stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 15.7% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 227,348 shares of the company’s stock after acquiring an additional 30,912 shares during the period. Principal Securities Inc. owned 0.10% of Capital Group Dividend Value ETF worth $8,016,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently bought and sold shares of the stock. Blue Trust Inc. raised its stake in Capital Group Dividend Value ETF by 33.3% during the 4th quarter. Blue Trust Inc. now owns 1,600 shares of the company’s stock valued at $58,000 after acquiring an additional 400 shares during the last quarter. Cassady Schiller Wealth Management LLC purchased a new position in Capital Group Dividend Value ETF in the third quarter valued at about $83,000. Oakworth Capital Inc. bought a new position in Capital Group Dividend Value ETF during the fourth quarter worth $129,000. Westside Investment Management Inc. lifted its position in Capital Group Dividend Value ETF by 1,595.7% in the 4th quarter. Westside Investment Management Inc. now owns 3,900 shares of the company’s stock valued at $138,000 after purchasing an additional 3,670 shares during the last quarter. Finally, Valley National Advisers Inc. raised its position in shares of Capital Group Dividend Value ETF by 503.2% during 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 in the last quarter.

Capital Group Dividend Value ETF Stock Performance

NYSEARCA CGDV opened at $37.20 on Friday. The firm’s 50 day moving average price is $36.12 and its two-hundred day moving average price is $35.97. The stock has a market cap of $8.48 billion, a price-to-earnings ratio of 22.38 and a beta of 0.92. Capital Group Dividend Value ETF has a twelve month low of $30.28 and a twelve month high of $37.38.

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.