PNC Financial Services Group Inc. Takes $55,000 Position in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

PNC Financial Services Group Inc. purchased a new position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 1,560 shares of the company’s stock, valued at approximately $55,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of CGDV. Venturi Wealth Management LLC acquired a new stake in shares of Capital Group Dividend Value ETF in the fourth quarter worth $47,000. Blue Trust Inc. boosted its position in Capital Group Dividend Value ETF by 33.3% during the 4th quarter. Blue Trust Inc. now owns 1,600 shares of the company’s stock worth $58,000 after acquiring an additional 400 shares during the period. Oakworth Capital Inc. purchased a new position in Capital Group Dividend Value ETF during the 4th quarter valued at about $129,000. Westside Investment Management Inc. increased its holdings in shares of Capital Group Dividend Value ETF by 1,595.7% in the 4th quarter. Westside Investment Management Inc. now owns 3,900 shares of the company’s stock valued at $138,000 after purchasing an additional 3,670 shares during the period. Finally, SRS Capital Advisors Inc. purchased a new stake in shares of Capital Group Dividend Value ETF in the fourth quarter worth approximately $151,000.

Capital Group Dividend Value ETF Stock Performance

Shares of CGDV opened at $36.23 on Thursday. The company has a market capitalization of $14.36 billion, a PE ratio of 24.80 and a beta of 0.90. The company’s 50 day moving average price is $36.53 and its 200 day moving average price is $36.30. Capital Group Dividend Value ETF has a 52 week low of $31.03 and a 52 week high of $37.38.

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.