Novem Group Acquires New Shares in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Novem Group bought a new position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 111,831 shares of the company’s stock, valued at approximately $3,943,000.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. Owen LaRue LLC grew its holdings in shares of Capital Group Dividend Value ETF by 0.6% during the 4th quarter. Owen LaRue LLC now owns 48,940 shares of the company’s stock valued at $1,726,000 after purchasing an additional 292 shares during the last quarter. National Wealth Management Group LLC increased its holdings in shares of Capital Group Dividend Value ETF by 2.1% during the fourth quarter. National Wealth Management Group LLC now owns 16,354 shares of the company’s stock worth $577,000 after buying an additional 329 shares in the last quarter. Blue Trust Inc. lifted its stake in shares of Capital Group Dividend Value ETF by 33.3% in the 4th quarter. Blue Trust Inc. now owns 1,600 shares of the company’s stock valued at $58,000 after acquiring an additional 400 shares during the last quarter. Carnegie Lake Advisors LLC boosted its holdings in shares of Capital Group Dividend Value ETF by 7.3% during the 4th quarter. Carnegie Lake Advisors LLC now owns 6,142 shares of the company’s stock valued at $217,000 after acquiring an additional 420 shares in the last quarter. Finally, Stratos Wealth Advisors LLC boosted its holdings in shares of Capital Group Dividend Value ETF by 0.8% during the 4th quarter. Stratos Wealth Advisors LLC now owns 54,443 shares of the company’s stock valued at $1,920,000 after acquiring an additional 449 shares in the last quarter.

Capital Group Dividend Value ETF Stock Down 0.2%

Shares of CGDV opened at $37.22 on Wednesday. The stock has a market cap of $16.25 billion, a PE ratio of 25.72 and a beta of 0.89. Capital Group Dividend Value ETF has a 12-month low of $30.94 and a 12-month high of $37.38. The business has a 50-day simple moving average of $35.06 and a two-hundred day simple moving average of $35.90.

Capital Group Dividend Value ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Tuesday, April 1st. Stockholders of record on Monday, March 31st were paid a $0.1067 dividend. 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.