Barrett & Company Inc. Grows Stock Holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Barrett & Company Inc. grew its stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 4.3% during the 1st quarter, HoldingsChannel reports. The fund owned 24,380 shares of the company’s stock after buying an additional 1,000 shares during the period. Barrett & Company Inc.’s holdings in Capital Group Dividend Value ETF were worth $869,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in CGDV. Allworth Financial LP boosted its position in shares of Capital Group Dividend Value ETF by 7.5% in the fourth quarter. Allworth Financial LP now owns 144,526 shares of the company’s stock valued at $5,236,000 after acquiring an additional 10,116 shares during the period. Strategic Financial Concepts LLC bought a new position in Capital Group Dividend Value ETF in the 4th quarter valued at $258,000. Sanctuary Advisors LLC boosted its holdings in Capital Group Dividend Value ETF by 4.7% in the 4th quarter. Sanctuary Advisors LLC now owns 646,691 shares of the company’s stock valued at $23,876,000 after purchasing an additional 28,809 shares during the period. Truist Financial Corp grew its position in shares of Capital Group Dividend Value ETF by 25.2% during the 4th quarter. Truist Financial Corp now owns 1,025,705 shares of the company’s stock valued at $36,166,000 after purchasing an additional 206,773 shares in the last quarter. Finally, D.A. Davidson & CO. increased its holdings in shares of Capital Group Dividend Value ETF by 27.6% in the fourth quarter. D.A. Davidson & CO. now owns 386,417 shares of the company’s stock worth $13,625,000 after purchasing an additional 83,617 shares during the period.

Capital Group Dividend Value ETF Stock Performance

Shares of CGDV stock opened at $38.27 on Wednesday. The company has a market capitalization of $17.28 billion, a PE ratio of 26.38 and a beta of 0.90. Capital Group Dividend Value ETF has a 52-week low of $30.94 and a 52-week high of $38.76. The business’s fifty day moving average is $36.07 and its 200 day moving average is $36.04.

Capital Group Dividend Value ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Tuesday, April 1st. Shareholders 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.