Patriot Financial Group Insurance Agency LLC Purchases Shares of 7,721 Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Patriot Financial Group Insurance Agency LLC purchased a new stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 7,721 shares of the company’s stock, valued at approximately $230,000.

A number of other hedge funds also recently bought and sold shares of the company. Money Concepts Capital Corp bought a new stake in shares of Capital Group Dividend Value ETF in the fourth quarter valued at about $28,000. Ronald Blue Trust Inc. bought a new stake in shares of Capital Group Dividend Value ETF in the third quarter valued at about $32,000. Morgan Stanley bought a new stake in shares of Capital Group Dividend Value ETF in the fourth quarter valued at about $35,000. ICA Group Wealth Management LLC bought a new stake in shares of Capital Group Dividend Value ETF in the fourth quarter valued at about $62,000. Finally, Winch Advisory Services LLC lifted its stake in shares of Capital Group Dividend Value ETF by 35.1% in the fourth quarter. Winch Advisory Services LLC now owns 2,770 shares of the company’s stock valued at $83,000 after buying an additional 719 shares during the period.

Capital Group Dividend Value ETF Stock Performance

NYSEARCA CGDV opened at $32.50 on Monday. The firm has a 50-day simple moving average of $31.05 and a 200 day simple moving average of $28.98. Capital Group Dividend Value ETF has a twelve month low of $24.51 and a twelve month high of $32.60. The stock has a market cap of $3.25 billion, a PE ratio of 17.83 and a beta of 0.91.

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.