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

Acas LLC grew its stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 7.2% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 247,331 shares of the company’s stock after purchasing an additional 16,698 shares during the period. Capital Group Dividend Value ETF comprises approximately 6.8% of Acas LLC’s portfolio, making the stock its 3rd biggest position. Acas LLC owned about 0.11% of Capital Group Dividend Value ETF worth $9,127,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. US Bancorp DE boosted its position in shares of Capital Group Dividend Value ETF by 23.1% in the third quarter. US Bancorp DE now owns 39,358 shares of the company’s stock valued at $1,434,000 after acquiring an additional 7,398 shares during the period. United Advisor Group LLC grew its stake in Capital Group Dividend Value ETF by 32.1% in the 3rd quarter. United Advisor Group LLC now owns 9,548 shares of the company’s stock worth $348,000 after buying an additional 2,322 shares in the last quarter. Walkner Condon Financial Advisors LLC bought a new position in shares of Capital Group Dividend Value ETF in the 3rd quarter worth $219,000. Financial Services Advisory Inc raised its position in shares of Capital Group Dividend Value ETF by 115.3% during the 3rd quarter. Financial Services Advisory Inc now owns 971,968 shares of the company’s stock valued at $35,419,000 after buying an additional 520,531 shares in the last quarter. Finally, Cozad Asset Management Inc. raised its position in shares of Capital Group Dividend Value ETF by 19.0% during the 3rd quarter. Cozad Asset Management Inc. now owns 49,850 shares of the company’s stock valued at $1,817,000 after buying an additional 7,963 shares in the last quarter.

Capital Group Dividend Value ETF Stock Down 1.1 %

Shares of CGDV stock opened at $36.28 on Friday. The business has a 50-day moving average price of $36.35 and a two-hundred day moving average price of $36.22. The firm has a market cap of $13.87 billion, a P/E ratio of 25.21 and a beta of 0.90. Capital Group Dividend Value ETF has a 12-month low of $31.03 and a 12-month high of $37.38.

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.