Berger Financial Group Inc Takes $390,000 Position in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Berger Financial Group Inc acquired a new stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) in the fourth quarter, HoldingsChannel.com reports. The fund acquired 11,051 shares of the company’s stock, valued at approximately $390,000.

Other institutional investors have also recently made changes to their positions in the company. Gerber Kawasaki Wealth & Investment Management lifted its stake in Capital Group Dividend Value ETF by 6.5% in the fourth quarter. Gerber Kawasaki Wealth & Investment Management now owns 827,991 shares of the company’s stock worth $29,195,000 after acquiring an additional 50,733 shares during the period. Integrated Wealth Concepts LLC lifted its stake in Capital Group Dividend Value ETF by 13.6% in the fourth quarter. Integrated Wealth Concepts LLC now owns 962,047 shares of the company’s stock worth $33,922,000 after acquiring an additional 114,953 shares during the period. IHT Wealth Management LLC purchased a new stake in Capital Group Dividend Value ETF in the fourth quarter worth $2,533,000. Stifel Financial Corp lifted its stake in Capital Group Dividend Value ETF by 29.3% in the fourth quarter. Stifel Financial Corp now owns 2,563,357 shares of the company’s stock worth $90,384,000 after acquiring an additional 580,383 shares during the period. Finally, OneDigital Investment Advisors LLC lifted its stake in Capital Group Dividend Value ETF by 1.1% in the fourth quarter. OneDigital Investment Advisors LLC now owns 308,074 shares of the company’s stock worth $10,863,000 after acquiring an additional 3,451 shares during the period.

Capital Group Dividend Value ETF Stock Up 0.2 %

Shares of CGDV stock opened at $34.80 on Tuesday. The stock has a fifty day moving average of $35.18 and a 200 day moving average of $35.95. Capital Group Dividend Value ETF has a 52 week low of $30.94 and a 52 week high of $37.38. The firm has a market capitalization of $14.63 billion, a price-to-earnings ratio of 24.22 and a beta of 0.89.

Capital Group Dividend Value ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Tuesday, April 1st. Shareholders of record on Monday, March 31st were issued a $0.1067 dividend. 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.