Lynch & Associates IN Invests $399,000 in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Lynch & Associates IN bought a new stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 10,963 shares of the company’s stock, valued at approximately $399,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Oppenheimer & Co. Inc. grew its position in shares of Capital Group Dividend Value ETF by 8.5% during the 1st quarter. Oppenheimer & Co. Inc. now owns 62,894 shares of the company’s stock valued at $2,044,000 after acquiring an additional 4,905 shares during the period. Thoroughbred Financial Services LLC grew its holdings in Capital Group Dividend Value ETF by 90.8% during the first quarter. Thoroughbred Financial Services LLC now owns 18,535 shares of the company’s stock valued at $602,000 after purchasing an additional 8,821 shares during the period. Kingsview Wealth Management LLC increased its position in Capital Group Dividend Value ETF by 8.5% in the first quarter. Kingsview Wealth Management LLC now owns 17,570 shares of the company’s stock worth $571,000 after buying an additional 1,375 shares in the last quarter. Accel Wealth Management lifted its position in shares of Capital Group Dividend Value ETF by 21.2% during the 1st quarter. Accel Wealth Management now owns 11,528 shares of the company’s stock valued at $375,000 after buying an additional 2,014 shares in the last quarter. Finally, Bruce G. Allen Investments LLC grew its stake in shares of Capital Group Dividend Value ETF by 9.9% during the 1st quarter. Bruce G. Allen Investments LLC now owns 9,192 shares of the company’s stock valued at $299,000 after acquiring an additional 828 shares during the period.

Capital Group Dividend Value ETF Trading Down 0.7 %

NYSEARCA CGDV opened at $36.85 on Wednesday. Capital Group Dividend Value ETF has a 12 month low of $25.47 and a 12 month high of $37.17. The stock has a market cap of $8.40 billion, a price-to-earnings ratio of 22.38 and a beta of 0.92. The company’s 50 day moving average is $35.56 and its two-hundred day moving average is $33.89.

Capital Group Dividend Value ETF Company 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.