HFG Advisors Inc. Acquires Shares of 8,340 Capital Group Dividend Value ETF (NYSEARCA:CGDV)

HFG Advisors Inc. acquired a new stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 8,340 shares of the company’s stock, valued at approximately $271,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Lantz Financial LLC raised its stake in Capital Group Dividend Value ETF by 0.9% during the 1st quarter. Lantz Financial LLC now owns 39,823 shares of the company’s stock valued at $1,294,000 after acquiring an additional 373 shares during the last quarter. International Assets Investment Management LLC increased its position in Capital Group Dividend Value ETF by 4.4% during the 1st quarter. International Assets Investment Management LLC now owns 9,423 shares of the company’s stock worth $306,000 after purchasing an additional 400 shares during the period. Lincoln Capital LLC increased its position in Capital Group Dividend Value ETF by 2.6% during the 4th quarter. Lincoln Capital LLC now owns 16,420 shares of the company’s stock worth $490,000 after purchasing an additional 418 shares during the period. Great Valley Advisor Group Inc. increased its position in Capital Group Dividend Value ETF by 7.4% during the 4th quarter. Great Valley Advisor Group Inc. now owns 9,124 shares of the company’s stock worth $272,000 after purchasing an additional 631 shares during the period. Finally, Winch Advisory Services LLC increased its position in Capital Group Dividend Value ETF by 35.1% during the 4th quarter. Winch Advisory Services LLC now owns 2,770 shares of the company’s stock worth $83,000 after purchasing an additional 719 shares during the period.

Capital Group Dividend Value ETF Price Performance

NYSEARCA CGDV traded down $0.03 on Monday, hitting $32.97. 1,533,826 shares of the company’s stock were exchanged, compared to its average volume of 1,578,950. The firm’s 50-day moving average price is $32.79 and its two-hundred day moving average price is $31.50. Capital Group Dividend Value ETF has a fifty-two week low of $25.47 and a fifty-two week high of $33.56. The firm has a market cap of $7.51 billion, a price-to-earnings ratio of 22.38 and a beta of 0.92.

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.