Beacon Financial Group Takes Position in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Beacon Financial Group acquired a new position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) during the fourth quarter, HoldingsChannel.com reports. The fund acquired 7,311 shares of the company’s stock, valued at approximately $258,000.

Other large investors have also recently modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. grew its holdings in Capital Group Dividend Value ETF by 7.3% in the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 4,475 shares of the company’s stock worth $163,000 after purchasing an additional 304 shares during the last quarter. Professional Financial Advisors LLC boosted its position in shares of Capital Group Dividend Value ETF by 1.2% in 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. grew its stake 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 worth $58,000 after buying an additional 400 shares during the last quarter. Carnegie Lake Advisors LLC increased its position in 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 valued at $217,000 after buying an additional 420 shares in the last quarter. Finally, Peapack Gladstone Financial Corp raised its stake in Capital Group Dividend Value ETF by 0.5% in the third quarter. Peapack Gladstone Financial Corp now owns 80,610 shares of the company’s stock valued at $2,937,000 after buying an additional 440 shares during the last quarter.

Capital Group Dividend Value ETF Stock Down 0.1 %

CGDV stock opened at $37.21 on Thursday. The stock has a market capitalization of $8.48 billion, a PE ratio of 22.38 and a beta of 0.92. Capital Group Dividend Value ETF has a 52 week low of $29.86 and a 52 week high of $37.28. The firm has a 50 day moving average of $36.10 and a 200 day moving average of $35.93.

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.