Capital Group Dividend Value ETF (NYSEARCA:CGDV) Holdings Increased by Wells Fargo & Company MN

Wells Fargo & Company MN increased its stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 10.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,966,425 shares of the company’s stock after acquiring an additional 860,172 shares during the period. Wells Fargo & Company MN owned approximately 3.93% of Capital Group Dividend Value ETF worth $316,156,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the stock. Northwest Financial Advisors lifted its holdings in Capital Group Dividend Value ETF by 35.7% in the 4th quarter. Northwest Financial Advisors now owns 35,037 shares of the company’s stock valued at $1,235,000 after acquiring an additional 9,227 shares during the last quarter. Litman Gregory Wealth Management LLC raised its holdings in shares of Capital Group Dividend Value ETF by 3.7% in the 4th quarter. Litman Gregory Wealth Management LLC now owns 36,827 shares of the company’s stock worth $1,299,000 after purchasing an additional 1,327 shares in the last quarter. Stephens Inc. AR acquired a new stake in Capital Group Dividend Value ETF during the fourth quarter valued at approximately $247,000. Trilogy Capital Inc. boosted its holdings in Capital Group Dividend Value ETF by 5.0% during the fourth quarter. Trilogy Capital Inc. now owns 22,718 shares of the company’s stock worth $801,000 after buying an additional 1,083 shares in the last quarter. Finally, PNC Financial Services Group Inc. acquired a new position in Capital Group Dividend Value ETF in the fourth quarter worth approximately $55,000.

Capital Group Dividend Value ETF Stock Performance

Shares of NYSEARCA:CGDV opened at $32.33 on Friday. The company has a market capitalization of $13.12 billion, a PE ratio of 24.24 and a beta of 0.89. The stock has a fifty day moving average of $36.39 and a 200-day moving average of $36.29. Capital Group Dividend Value ETF has a one year low of $31.03 and a one year high of $37.38.

Capital Group Dividend Value ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Tuesday, April 1st. Shareholders of record on Monday, March 31st were paid a dividend of $0.1067 per share. The ex-dividend date of this dividend was Monday, March 31st.

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.