Synergy Investment Management LLC acquired a new stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV – Free Report) during the fourth quarter, according to its most recent disclosure with the SEC. The fund acquired 129,125 shares of the company’s stock, valued at approximately $4,553,000. Capital Group Dividend Value ETF makes up about 2.0% of Synergy Investment Management LLC’s holdings, making the stock its 12th largest position.
Other hedge funds also recently made changes to their positions in the company. Venturi Wealth Management LLC bought a new stake in Capital Group Dividend Value ETF during the 4th quarter worth approximately $47,000. Blue Trust Inc. raised its position in shares of 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 purchasing an additional 400 shares during the period. Cassady Schiller Wealth Management LLC purchased a new position in shares of Capital Group Dividend Value ETF during the 3rd quarter valued at $83,000. Oakworth Capital Inc. bought a new position in Capital Group Dividend Value ETF in the 4th quarter worth $129,000. Finally, Westside Investment Management Inc. increased its stake 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 worth $138,000 after buying an additional 3,670 shares in the last quarter.
Capital Group Dividend Value ETF Stock Down 0.8 %
Shares of Capital Group Dividend Value ETF stock opened at $36.70 on Tuesday. The company has a market capitalization of $14.03 billion, a price-to-earnings ratio of 25.21 and a beta of 0.90. The stock’s 50-day simple moving average is $36.33 and its 200-day simple moving average is $36.21. Capital Group Dividend Value ETF has a 52 week low of $31.03 and a 52 week high of $37.38.
Capital Group Dividend Value ETF 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.
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