WealthTrust Asset Management LLC Decreases Stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

WealthTrust Asset Management LLC lessened its holdings in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 35.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 7,123 shares of the company’s stock after selling 3,991 shares during the period. WealthTrust Asset Management LLC’s holdings in Capital Group Dividend Value ETF were worth $235,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the business. Oppenheimer & Co. Inc. grew its stake 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 worth $2,044,000 after purchasing an additional 4,905 shares during the period. Wells Fargo & Company MN grew its position in Capital Group Dividend Value ETF by 117.2% during the fourth quarter. Wells Fargo & Company MN now owns 4,098,283 shares of the company’s stock worth $122,293,000 after buying an additional 2,211,266 shares during the period. BlackDiamond Wealth Management LLC acquired a new position in Capital Group Dividend Value ETF during the fourth quarter worth about $2,145,000. Thoroughbred Financial Services LLC increased its holdings in Capital Group Dividend Value ETF by 90.8% in the first quarter. Thoroughbred Financial Services LLC now owns 18,535 shares of the company’s stock valued at $602,000 after buying an additional 8,821 shares in the last quarter. Finally, Orion Portfolio Solutions LLC lifted its position in shares of Capital Group Dividend Value ETF by 67.7% during the 4th quarter. Orion Portfolio Solutions LLC now owns 559,012 shares of the company’s stock valued at $16,642,000 after acquiring an additional 225,663 shares during the period.

Capital Group Dividend Value ETF Price Performance

CGDV opened at $36.26 on Friday. Capital Group Dividend Value ETF has a 1-year low of $25.47 and a 1-year high of $36.37. The stock has a market cap of $8.26 billion, a P/E ratio of 22.38 and a beta of 0.92. The stock’s 50 day simple moving average is $34.70 and its 200 day simple moving average is $33.28.

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.