286,769 Shares in Capital Group Dividend Value ETF (NYSEARCA:CGDV) Acquired by Atlas Legacy Advisors LLC

Atlas Legacy Advisors LLC purchased a new position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 286,769 shares of the company’s stock, valued at approximately $10,111,000. Capital Group Dividend Value ETF comprises about 2.4% of Atlas Legacy Advisors LLC’s holdings, making the stock its 11th largest holding. Atlas Legacy Advisors LLC owned 0.13% of Capital Group Dividend Value ETF at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Kestra Investment Management LLC raised its holdings in Capital Group Dividend Value ETF by 17.2% in the fourth quarter. Kestra Investment Management LLC now owns 1,110,623 shares of the company’s stock worth $39,161,000 after purchasing an additional 163,336 shares during the period. Venturi Wealth Management LLC acquired a new stake in Capital Group Dividend Value ETF in the fourth quarter worth $47,000. Fortis Group Advisors LLC raised its holdings in Capital Group Dividend Value ETF by 19.4% in the fourth quarter. Fortis Group Advisors LLC now owns 35,520 shares of the company’s stock worth $1,252,000 after purchasing an additional 5,763 shares during the period. D.A. Davidson & CO. raised its holdings in Capital Group Dividend Value ETF by 27.6% in the fourth quarter. D.A. Davidson & CO. now owns 386,417 shares of the company’s stock worth $13,625,000 after purchasing an additional 83,617 shares during the period. Finally, Truist Financial Corp raised its holdings in Capital Group Dividend Value ETF by 25.2% in the fourth quarter. Truist Financial Corp now owns 1,025,705 shares of the company’s stock worth $36,166,000 after purchasing an additional 206,773 shares during the period.

Capital Group Dividend Value ETF Stock Performance

CGDV opened at $37.21 on Wednesday. The firm’s fifty day moving average is $36.15 and its two-hundred day moving average is $36.02. The firm has a market cap of $8.48 billion, a PE ratio of 22.38 and a beta of 0.92. Capital Group Dividend Value ETF has a twelve month low of $30.28 and a twelve month high of $37.38.

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.