885 Shares in Capital Group Dividend Value ETF (NYSEARCA:CGDV) Bought by Tennessee Valley Asset Management Partners

Tennessee Valley Asset Management Partners bought a new position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 885 shares of the company’s stock, valued at approximately $26,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Ronald Blue Trust Inc. acquired a new position in shares of Capital Group Dividend Value ETF during the 3rd quarter worth about $32,000. Winch Advisory Services LLC boosted its stake in shares of Capital Group Dividend Value ETF by 35.1% during the 4th quarter. Winch Advisory Services LLC now owns 2,770 shares of the company’s stock worth $83,000 after buying an additional 719 shares during the last quarter. First Horizon Advisors Inc. acquired a new position in shares of Capital Group Dividend Value ETF during the 3rd quarter worth about $90,000. First Pacific Financial acquired a new position in shares of Capital Group Dividend Value ETF during the 4th quarter worth about $156,000. Finally, Sunbelt Securities Inc. acquired a new position in shares of Capital Group Dividend Value ETF during the 3rd quarter worth about $171,000.

Capital Group Dividend Value ETF Price Performance

Capital Group Dividend Value ETF stock opened at $31.88 on Thursday. The firm has a 50-day moving average of $31.63 and a 200-day moving average of $29.61. Capital Group Dividend Value ETF has a one year low of $24.86 and a one year high of $32.74. The company has a market cap of $7.01 billion, a price-to-earnings ratio of 21.74 and a beta of 0.91.

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.