JSF Financial LLC Makes New Investment in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

JSF Financial LLC purchased a new stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 11,957 shares of the company’s stock, valued at approximately $422,000.

Several other large investors have also recently added to or reduced their stakes in the company. Weatherly Asset Management L. P. bought a new position in Capital Group Dividend Value ETF in the 4th quarter valued at $290,000. Latitude Advisors LLC boosted its position in Capital Group Dividend Value ETF by 12.1% in the 4th quarter. Latitude Advisors LLC now owns 47,526 shares of the company’s stock valued at $1,676,000 after buying an additional 5,146 shares during the last quarter. Sovran Advisors LLC bought a new position in shares of Capital Group Dividend Value ETF in the 4th quarter worth $5,576,000. Stonebridge Financial Group LLC bought a new position in shares of Capital Group Dividend Value ETF in the 4th quarter worth $1,009,000. Finally, Carnegie Lake Advisors LLC boosted its position in shares of Capital Group Dividend Value ETF by 7.3% in the 4th quarter. Carnegie Lake Advisors LLC now owns 6,142 shares of the company’s stock worth $217,000 after purchasing an additional 420 shares during the last quarter.

Capital Group Dividend Value ETF Trading Up 0.6 %

CGDV stock opened at $37.13 on Tuesday. The business’s 50-day moving average price is $36.08 and its two-hundred day moving average price is $35.91. The firm has a market cap of $8.46 billion, a PE ratio of 22.38 and a beta of 0.92. Capital Group Dividend Value ETF has a 1-year low of $29.86 and a 1-year high of $37.28.

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.