Gerber Kawasaki Wealth & Investment Management Acquires 50,733 Shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Gerber Kawasaki Wealth & Investment Management increased its stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 6.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 827,991 shares of the company’s stock after acquiring an additional 50,733 shares during the period. Capital Group Dividend Value ETF makes up approximately 1.3% of Gerber Kawasaki Wealth & Investment Management’s investment portfolio, making the stock its 24th biggest position. Gerber Kawasaki Wealth & Investment Management owned 0.36% of Capital Group Dividend Value ETF worth $29,195,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the stock. National Wealth Management Group LLC raised its holdings in shares of Capital Group Dividend Value ETF by 2.1% in the fourth quarter. National Wealth Management Group LLC now owns 16,354 shares of the company’s stock valued at $577,000 after acquiring an additional 329 shares in the last quarter. Professional Financial Advisors LLC raised its position in shares of Capital Group Dividend Value ETF by 1.2% in the 4th quarter. Professional Financial Advisors LLC now owns 32,882 shares of the company’s stock worth $1,159,000 after acquiring an additional 383 shares in the last quarter. Blue Trust Inc. lifted its stake 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 worth $58,000 after purchasing an additional 400 shares during the last quarter. Carnegie Lake Advisors LLC grew its stake in Capital Group Dividend Value ETF by 7.3% in the fourth quarter. Carnegie Lake Advisors LLC now owns 6,142 shares of the company’s stock valued at $217,000 after purchasing an additional 420 shares during the last quarter. Finally, Peapack Gladstone Financial Corp raised its holdings in Capital Group Dividend Value ETF by 0.5% in the third quarter. Peapack Gladstone Financial Corp now owns 80,610 shares of the company’s stock worth $2,937,000 after purchasing an additional 440 shares in the last quarter.

Capital Group Dividend Value ETF Stock Up 0.5 %

Shares of CGDV opened at $34.73 on Friday. Capital Group Dividend Value ETF has a twelve month low of $30.94 and a twelve month high of $37.38. The company has a 50 day moving average of $35.23 and a two-hundred day moving average of $35.97. The company has a market cap of $14.60 billion, a price-to-earnings ratio of 24.22 and a beta of 0.89.

Capital Group Dividend Value ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, April 1st. Stockholders of record on Monday, March 31st were paid a dividend of $0.1067 per share. The ex-dividend date was Monday, March 31st.

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.