Woodmont Investment Counsel LLC Boosts Holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Woodmont Investment Counsel LLC grew its position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 40.9% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 34,175 shares of the company’s stock after purchasing an additional 9,924 shares during the period. Woodmont Investment Counsel LLC’s holdings in Capital Group Dividend Value ETF were worth $1,205,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in CGDV. Venturi Wealth Management LLC purchased a new stake in shares of Capital Group Dividend Value ETF during 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 worth approximately $55,000. Blue Trust Inc. grew 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 buying an additional 400 shares in the last quarter. Oakworth Capital Inc. acquired a new stake in shares of Capital Group Dividend Value ETF during the fourth quarter worth approximately $129,000. Finally, Westside Investment Management Inc. grew its position in shares of Capital Group Dividend Value ETF by 1,595.7% during the fourth quarter. Westside Investment Management Inc. now owns 3,900 shares of the company’s stock worth $138,000 after buying an additional 3,670 shares in the last quarter.

Capital Group Dividend Value ETF Trading Down 0.2 %

CGDV stock opened at $35.99 on Monday. Capital Group Dividend Value ETF has a twelve month low of $31.03 and a twelve month high of $37.38. The company has a market capitalization of $14.26 billion, a P/E ratio of 24.80 and a beta of 0.90. The firm has a 50 day simple moving average of $36.46 and a 200-day simple moving average of $36.28.

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.