Choreo LLC Decreases Stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Choreo LLC trimmed its position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 1.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 140,359 shares of the company’s stock after selling 1,926 shares during the period. Choreo LLC’s holdings in Capital Group Dividend Value ETF were worth $4,949,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. Blue Trust Inc. grew its holdings in 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 acquiring an additional 400 shares in the last quarter. Cassady Schiller Wealth Management LLC purchased a new stake in shares of Capital Group Dividend Value ETF during the 3rd quarter worth $83,000. Mather Group LLC. grew its stake in shares of Capital Group Dividend Value ETF by 36.7% during the third quarter. Mather Group LLC. now owns 3,464 shares of the company’s stock worth $126,000 after purchasing an additional 930 shares in the last quarter. Westside Investment Management Inc. increased its holdings in Capital Group Dividend Value ETF by 1,595.7% in the fourth quarter. Westside Investment Management Inc. now owns 3,900 shares of the company’s stock valued at $138,000 after buying an additional 3,670 shares during the last quarter. Finally, Valley National Advisers Inc. lifted its holdings in Capital Group Dividend Value ETF by 503.2% during the 3rd quarter. Valley National Advisers Inc. now owns 4,192 shares of the company’s stock worth $151,000 after buying an additional 3,497 shares during the last quarter.

Capital Group Dividend Value ETF Stock Performance

NYSEARCA:CGDV opened at $36.90 on Thursday. Capital Group Dividend Value ETF has a 1 year low of $29.86 and a 1 year high of $37.17. The stock has a market cap of $8.41 billion, a P/E ratio of 22.38 and a beta of 0.92. The stock has a 50-day simple moving average of $36.08 and a 200-day simple moving average of $35.83.

About Capital Group Dividend Value ETF

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.