First Pacific Financial Takes Position in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

First Pacific Financial purchased a new position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) during the 4th quarter, HoldingsChannel reports. The firm purchased 5,236 shares of the company’s stock, valued at approximately $156,000.

Other hedge funds also recently bought and sold shares of the company. J Arnold Wealth Management Co purchased a new stake in shares of Capital Group Dividend Value ETF in the 4th quarter valued at approximately $289,000. Bill Few Associates Inc. raised its stake in Capital Group Dividend Value ETF by 12.4% in the fourth quarter. Bill Few Associates Inc. now owns 59,345 shares of the company’s stock valued at $1,771,000 after buying an additional 6,544 shares in the last quarter. Raymond James Financial Services Advisors Inc. lifted its holdings in Capital Group Dividend Value ETF by 23.5% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 7,283,139 shares of the company’s stock worth $217,329,000 after buying an additional 1,385,299 shares during the last quarter. Raymond James & Associates boosted its position in shares of Capital Group Dividend Value ETF by 12.8% during the 4th quarter. Raymond James & Associates now owns 4,124,429 shares of the company’s stock worth $123,073,000 after acquiring an additional 468,938 shares in the last quarter. Finally, WJ Wealth Management LLC increased its holdings in shares of Capital Group Dividend Value ETF by 6.8% in the 4th quarter. WJ Wealth Management LLC now owns 558,532 shares of the company’s stock valued at $16,667,000 after acquiring an additional 35,505 shares during the last quarter.

Capital Group Dividend Value ETF Stock Up 1.2 %

CGDV stock opened at $32.58 on Thursday. The stock has a market cap of $3.26 billion, a price-to-earnings ratio of 17.83 and a beta of 0.91. Capital Group Dividend Value ETF has a fifty-two week low of $24.22 and a fifty-two week high of $32.60. The business has a 50 day moving average price of $30.94 and a 200 day moving average price of $28.89.

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.