Kuhn & Co Investment Counsel Boosts Holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Kuhn & Co Investment Counsel raised its stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 8.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 60,825 shares of the company’s stock after purchasing an additional 4,858 shares during the period. Capital Group Dividend Value ETF accounts for 1.8% of Kuhn & Co Investment Counsel’s holdings, making the stock its 11th biggest position. Kuhn & Co Investment Counsel’s holdings in Capital Group Dividend Value ETF were worth $2,145,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Blue Trust Inc. lifted its stake in shares of Capital Group Dividend Value ETF by 33.3% in the fourth 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 position in shares of Capital Group Dividend Value ETF in the third quarter worth about $83,000. Oakworth Capital Inc. purchased a new position in shares of Capital Group Dividend Value ETF in the fourth quarter worth about $129,000. Westside Investment Management Inc. lifted its stake in shares of 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 worth $138,000 after buying an additional 3,670 shares in the last quarter. Finally, Valley National Advisers Inc. lifted its stake in shares of Capital Group Dividend Value ETF by 503.2% in the third 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 in the last quarter.

Capital Group Dividend Value ETF Trading Down 0.4 %

NYSEARCA:CGDV opened at $37.20 on Friday. Capital Group Dividend Value ETF has a twelve month low of $30.28 and a twelve month high of $37.38. The company has a market cap of $8.48 billion, a P/E ratio of 22.38 and a beta of 0.92. The company’s 50-day moving average price is $36.12 and its 200-day moving average price is $35.97.

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.