Capital Group Dividend Value ETF (NYSEARCA:CGDV) Shares Acquired by Convergence Financial LLC

Convergence Financial LLC lifted its position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 211.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 21,601 shares of the company’s stock after buying an additional 14,655 shares during the quarter. Convergence Financial LLC’s holdings in Capital Group Dividend Value ETF were worth $762,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. Northwest Financial Advisors increased its stake in Capital Group Dividend Value ETF by 35.7% during the fourth quarter. Northwest Financial Advisors now owns 35,037 shares of the company’s stock worth $1,235,000 after purchasing an additional 9,227 shares during the period. Creative Planning grew its holdings in shares of Capital Group Dividend Value ETF by 36.9% in the third quarter. Creative Planning now owns 28,271 shares of the company’s stock valued at $1,030,000 after purchasing an additional 7,618 shares in the last quarter. Litman Gregory Wealth Management LLC increased its stake in Capital Group Dividend Value ETF by 3.7% during the 4th quarter. Litman Gregory Wealth Management LLC now owns 36,827 shares of the company’s stock worth $1,299,000 after buying an additional 1,327 shares during the period. Stephens Inc. AR acquired a new stake in Capital Group Dividend Value ETF during the 4th quarter worth approximately $247,000. Finally, Trilogy Capital Inc. boosted its position in Capital Group Dividend Value ETF by 5.0% in the 4th quarter. Trilogy Capital Inc. now owns 22,718 shares of the company’s stock valued at $801,000 after buying an additional 1,083 shares during the period.

Capital Group Dividend Value ETF Stock Down 0.1 %

NYSEARCA:CGDV opened at $36.80 on Thursday. Capital Group Dividend Value ETF has a 52 week low of $30.95 and a 52 week high of $37.38. The company has a fifty day simple moving average of $36.26 and a two-hundred day simple moving average of $36.15. The company has a market cap of $8.39 billion, a price-to-earnings ratio of 22.38 and a beta of 0.92.

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.