Compass Ion Advisors LLC Raises Holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Compass Ion Advisors LLC raised its position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 22.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,649 shares of the company’s stock after purchasing an additional 1,598 shares during the quarter. Compass Ion Advisors LLC’s holdings in Capital Group Dividend Value ETF were worth $305,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Venturi Wealth Management LLC purchased a new position in Capital Group Dividend Value ETF in the fourth quarter valued at approximately $47,000. PNC Financial Services Group Inc. acquired a new stake in shares of Capital Group Dividend Value ETF during the fourth quarter valued at about $55,000. Blue Trust Inc. increased its position in shares of Capital Group Dividend Value ETF by 33.3% during the fourth quarter. Blue Trust Inc. now owns 1,600 shares of the company’s stock worth $58,000 after acquiring an additional 400 shares during the last quarter. Oakworth Capital Inc. acquired a new position in shares of Capital Group Dividend Value ETF in the fourth quarter worth about $129,000. Finally, Westside Investment Management Inc. boosted its holdings in 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 during the last quarter.

Capital Group Dividend Value ETF Stock Up 0.9 %

CGDV stock opened at $36.18 on Thursday. The stock’s 50 day moving average is $36.43 and its two-hundred day moving average is $36.26. Capital Group Dividend Value ETF has a 52-week low of $31.03 and a 52-week high of $37.38. The company has a market capitalization of $14.34 billion, a PE ratio of 24.80 and a beta of 0.90.

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.