WR Wealth Planners LLC Sells 123,901 Shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV)

WR Wealth Planners LLC lessened its stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 59.5% during the fourth quarter, Holdings Channel.com reports. The firm owned 84,503 shares of the company’s stock after selling 123,901 shares during the period. Capital Group Dividend Value ETF accounts for about 1.0% of WR Wealth Planners LLC’s portfolio, making the stock its 18th biggest position. WR Wealth Planners LLC’s holdings in Capital Group Dividend Value ETF were worth $2,980,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Professional Financial Advisors LLC boosted its position in shares of Capital Group Dividend Value ETF by 1.2% during the 4th quarter. Professional Financial Advisors LLC now owns 32,882 shares of the company’s stock worth $1,159,000 after purchasing an additional 383 shares in the last quarter. Blue Trust Inc. boosted its position in shares of 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 worth $58,000 after purchasing an additional 400 shares in the last quarter. Carnegie Lake Advisors LLC boosted its position in shares of Capital Group Dividend Value ETF by 7.3% during the 4th quarter. Carnegie Lake Advisors LLC now owns 6,142 shares of the company’s stock worth $217,000 after purchasing an additional 420 shares in the last quarter. Peapack Gladstone Financial Corp boosted its position in shares of Capital Group Dividend Value ETF by 0.5% during the 3rd quarter. Peapack Gladstone Financial Corp now owns 80,610 shares of the company’s stock worth $2,937,000 after purchasing an additional 440 shares in the last quarter. Finally, Stratos Wealth Advisors LLC boosted its position in shares of Capital Group Dividend Value ETF by 0.8% during the 4th quarter. Stratos Wealth Advisors LLC now owns 54,443 shares of the company’s stock worth $1,920,000 after purchasing an additional 449 shares in the last quarter.

Capital Group Dividend Value ETF Price Performance

CGDV opened at $36.98 on Friday. Capital Group Dividend Value ETF has a fifty-two week low of $30.98 and a fifty-two week high of $37.38. The firm has a market capitalization of $14.14 billion, a PE ratio of 25.21 and a beta of 0.90. The company’s 50-day moving average is $36.31 and its 200 day moving average is $36.17.

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.