Investors Research Corp Has $42,000 Stock Position in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Investors Research Corp reduced its position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 42.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,182 shares of the company’s stock after selling 889 shares during the quarter. Investors Research Corp’s holdings in Capital Group Dividend Value ETF were worth $42,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. Professional Financial Advisors LLC raised its stake in 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 buying an additional 383 shares during the period. Blue Trust Inc. increased its holdings 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 purchasing an additional 400 shares in the last quarter. Carnegie Lake Advisors LLC increased its holdings 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 worth $217,000 after purchasing an additional 420 shares in the last quarter. Peapack Gladstone Financial Corp increased its holdings in 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 increased its holdings in 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 Stock Performance

Shares of CGDV opened at $35.84 on Tuesday. The stock has a 50 day moving average price of $36.38 and a two-hundred day moving average price of $36.25. The firm has a market capitalization of $13.70 billion, a P/E ratio of 25.21 and a beta of 0.90. Capital Group Dividend Value ETF has a 52 week low of $31.03 and a 52 week high of $37.38.

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.