Capital Group Dividend Value ETF (NYSEARCA:CGDV) Shares Purchased by Delta Financial Group Inc.

Delta Financial Group Inc. increased its position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 22.6% in the fourth quarter, HoldingsChannel reports. The firm owned 168,542 shares of the company’s stock after acquiring an additional 31,046 shares during the period. Capital Group Dividend Value ETF accounts for about 1.4% of Delta Financial Group Inc.’s investment portfolio, making the stock its 9th biggest holding. Delta Financial Group Inc.’s holdings in Capital Group Dividend Value ETF were worth $5,943,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Venturi Wealth Management LLC acquired a new position in Capital Group Dividend Value ETF in the 4th quarter worth approximately $47,000. Blue Trust Inc. lifted its position in Capital Group Dividend Value ETF by 33.3% in the 4th quarter. Blue Trust Inc. now owns 1,600 shares of the company’s stock worth $58,000 after buying an additional 400 shares in the last quarter. Cassady Schiller Wealth Management LLC purchased a new stake in Capital Group Dividend Value ETF in the 3rd quarter worth approximately $83,000. Oakworth Capital Inc. purchased a new stake in Capital Group Dividend Value ETF in the 4th quarter worth approximately $129,000. Finally, Westside Investment Management Inc. lifted its position in Capital Group Dividend Value ETF by 1,595.7% in the 4th quarter. Westside Investment Management Inc. now owns 3,900 shares of the company’s stock worth $138,000 after buying an additional 3,670 shares in the last quarter.

Capital Group Dividend Value ETF Stock Down 1.3 %

CGDV stock opened at $36.83 on Friday. Capital Group Dividend Value ETF has a 12-month low of $30.72 and a 12-month high of $37.38. The company has a market cap of $8.39 billion, a price-to-earnings ratio of 22.38 and a beta of 0.92. The company has a 50 day moving average of $36.20 and a two-hundred day moving average of $36.08.

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.