A&I Financial Services LLC Acquires Shares of 71,272 Capital Group Dividend Value ETF (NYSEARCA:CGDV)

A&I Financial Services LLC bought a new stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV) during the 4th quarter, HoldingsChannel.com reports. The institutional investor bought 71,272 shares of the company’s stock, valued at approximately $2,513,000. Capital Group Dividend Value ETF makes up 2.4% of A&I Financial Services LLC’s portfolio, making the stock its 7th largest holding.

Several other hedge funds have also recently made changes to their positions in the company. Venturi Wealth Management LLC purchased a new stake in shares of Capital Group Dividend Value ETF during the 4th quarter valued at approximately $47,000. Blue Trust Inc. raised its holdings in Capital Group Dividend Value ETF by 33.3% during the 4th quarter. Blue Trust Inc. now owns 1,600 shares of the company’s stock valued at $58,000 after acquiring an additional 400 shares during the period. Cassady Schiller Wealth Management LLC purchased a new stake in shares of Capital Group Dividend Value ETF during the third quarter worth $83,000. Oakworth Capital Inc. bought a new position in shares of Capital Group Dividend Value ETF in the fourth quarter worth $129,000. Finally, Westside Investment Management Inc. grew its position 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 valued at $138,000 after purchasing an additional 3,670 shares in the last quarter.

Capital Group Dividend Value ETF Trading Down 0.7 %

Shares of Capital Group Dividend Value ETF stock opened at $36.54 on Friday. The company’s 50-day moving average price is $36.29 and its 200-day moving average price is $36.15. Capital Group Dividend Value ETF has a 12-month low of $30.95 and a 12-month high of $37.38. The company has a market cap of $8.33 billion, a price-to-earnings ratio of 22.38 and a beta of 0.92.

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.