Jacobi Capital Management LLC Raises Holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Jacobi Capital Management LLC increased its position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 8.6% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 37,748 shares of the company’s stock after buying an additional 2,987 shares during the period. Jacobi Capital Management LLC’s holdings in Capital Group Dividend Value ETF were worth $1,331,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in CGDV. Venturi Wealth Management LLC purchased a new position in shares of Capital Group Dividend Value ETF in the 4th quarter worth $47,000. Blue Trust Inc. raised its position in shares of 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 during the period. Cassady Schiller Wealth Management LLC purchased a new position in shares of Capital Group Dividend Value ETF in the 3rd quarter worth $83,000. Oakworth Capital Inc. acquired a new stake in Capital Group Dividend Value ETF in the 4th quarter valued at $129,000. Finally, Westside Investment Management Inc. increased its holdings 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 valued at $138,000 after purchasing an additional 3,670 shares in the last quarter.

Capital Group Dividend Value ETF Trading Up 1.2 %

Shares of NYSEARCA CGDV opened at $36.98 on Friday. Capital Group Dividend Value ETF has a 12-month low of $30.98 and a 12-month high of $37.38. The company has a market cap of $14.14 billion, a P/E ratio of 25.21 and a beta of 0.90. The stock has a fifty day moving average price of $36.31 and a 200 day moving average price of $36.18.

About Capital Group Dividend Value ETF

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.