Carnegie Capital Asset Management LLC Acquires 2,318 Shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Carnegie Capital Asset Management LLC lifted its holdings in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 4.8% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 50,914 shares of the company’s stock after acquiring an additional 2,318 shares during the quarter. Carnegie Capital Asset Management LLC’s holdings in Capital Group Dividend Value ETF were worth $1,519,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Tennessee Valley Asset Management Partners bought a new position in shares of Capital Group Dividend Value ETF during the 4th quarter worth approximately $26,000. Money Concepts Capital Corp bought a new position in shares of Capital Group Dividend Value ETF during the 4th quarter worth approximately $28,000. Ronald Blue Trust Inc. bought a new position in shares of Capital Group Dividend Value ETF during the 3rd quarter worth approximately $32,000. Morgan Stanley bought a new position in shares of Capital Group Dividend Value ETF during the 4th quarter worth approximately $35,000. Finally, ICA Group Wealth Management LLC bought a new stake in Capital Group Dividend Value ETF in the 4th quarter valued at $62,000.

Capital Group Dividend Value ETF Price Performance

CGDV opened at $31.50 on Tuesday. The business has a fifty day simple moving average of $31.51 and a 200 day simple moving average of $29.39. The company has a market capitalization of $3.15 billion, a PE ratio of 17.83 and a beta of 0.91. Capital Group Dividend Value ETF has a 1 year low of $24.86 and a 1 year high of $32.74.

Capital Group Dividend Value ETF Company 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.