Congress Wealth Management LLC DE Takes Position in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Congress Wealth Management LLC DE acquired 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 Securities & Exchange Commission. The firm acquired 5,802 shares of the company’s stock, valued at approximately $205,000.

Other large investors also recently added to or reduced their stakes in the company. Professional Financial Advisors LLC raised its stake in shares of Capital Group Dividend Value ETF by 1.2% in the fourth quarter. Professional Financial Advisors LLC now owns 32,882 shares of the company’s stock worth $1,159,000 after buying an additional 383 shares during the period. Blue Trust Inc. raised its stake 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. Carnegie Lake Advisors LLC lifted its holdings in Capital Group Dividend Value ETF by 7.3% during the fourth quarter. Carnegie Lake Advisors LLC now owns 6,142 shares of the company’s stock valued at $217,000 after purchasing an additional 420 shares in the last quarter. Peapack Gladstone Financial Corp boosted its position in shares of Capital Group Dividend Value ETF by 0.5% in the third quarter. Peapack Gladstone Financial Corp now owns 80,610 shares of the company’s stock worth $2,937,000 after purchasing an additional 440 shares during the period. Finally, Stratos Wealth Advisors LLC increased its stake in shares of Capital Group Dividend Value ETF by 0.8% in the fourth quarter. Stratos Wealth Advisors LLC now owns 54,443 shares of the company’s stock worth $1,920,000 after purchasing an additional 449 shares in the last quarter.

Capital Group Dividend Value ETF Price Performance

Shares of CGDV stock opened at $35.47 on Monday. The company has a market capitalization of $14.06 billion, a price-to-earnings ratio of 24.80 and a beta of 0.90. The company’s fifty day moving average price is $36.54 and its 200-day moving average price is $36.32. Capital Group Dividend Value ETF has a one year low of $31.03 and a one year 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.