Barnes Pettey Financial Advisors LLC Raises Stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Barnes Pettey Financial Advisors LLC lifted its stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 41.7% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 73,972 shares of the company’s stock after acquiring an additional 21,764 shares during the period. Capital Group Dividend Value ETF accounts for approximately 2.2% of Barnes Pettey Financial Advisors LLC’s portfolio, making the stock its 13th biggest position. Barnes Pettey Financial Advisors LLC’s holdings in Capital Group Dividend Value ETF were worth $2,696,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Oppenheimer & Co. Inc. lifted its holdings in Capital Group Dividend Value ETF by 8.5% in the first quarter. Oppenheimer & Co. Inc. now owns 62,894 shares of the company’s stock valued at $2,044,000 after acquiring an additional 4,905 shares during the last quarter. Thoroughbred Financial Services LLC lifted its stake in shares of Capital Group Dividend Value ETF by 90.8% in the 1st quarter. Thoroughbred Financial Services LLC now owns 18,535 shares of the company’s stock valued at $602,000 after purchasing an additional 8,821 shares during the last quarter. Kingsview Wealth Management LLC grew its holdings in shares of Capital Group Dividend Value ETF by 8.5% during the 1st quarter. Kingsview Wealth Management LLC now owns 17,570 shares of the company’s stock worth $571,000 after purchasing an additional 1,375 shares during the period. Accel Wealth Management increased its position in shares of Capital Group Dividend Value ETF by 21.2% during the 1st quarter. Accel Wealth Management now owns 11,528 shares of the company’s stock worth $375,000 after purchasing an additional 2,014 shares during the last quarter. Finally, J.W. Cole Advisors Inc. raised its holdings in Capital Group Dividend Value ETF by 4.6% in the 1st quarter. J.W. Cole Advisors Inc. now owns 8,403 shares of the company’s stock valued at $273,000 after buying an additional 367 shares during the period.

Capital Group Dividend Value ETF Price Performance

NYSEARCA CGDV opened at $36.26 on Friday. The stock has a market capitalization of $8.26 billion, a P/E ratio of 22.38 and a beta of 0.92. The firm’s 50-day moving average is $35.96 and its two-hundred day moving average is $34.12. Capital Group Dividend Value ETF has a 12 month low of $25.47 and a 12 month high of $37.17.

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.