Everpar Advisors LLC Makes New Investment in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Everpar Advisors LLC bought a new position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) in the fourth quarter, Holdings Channel.com reports. The institutional investor bought 17,050 shares of the company’s stock, valued at approximately $509,000.

A number of other large investors have also added to or reduced their stakes in the company. Envestnet Asset Management Inc. raised its position in shares of Capital Group Dividend Value ETF by 143.1% in the 3rd quarter. Envestnet Asset Management Inc. now owns 5,507,402 shares of the company’s stock valued at $145,781,000 after purchasing an additional 3,242,240 shares during the last quarter. Confluence Wealth Services Inc. raised its position in shares of Capital Group Dividend Value ETF by 71.8% in the 4th quarter. Confluence Wealth Services Inc. now owns 3,462,094 shares of the company’s stock valued at $103,309,000 after purchasing an additional 1,446,779 shares during the last quarter. Raymond James Financial Services Advisors Inc. raised its position in Capital Group Dividend Value ETF by 23.5% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 7,283,139 shares of the company’s stock worth $217,329,000 after buying an additional 1,385,299 shares during the last quarter. LPL Financial LLC raised its position in Capital Group Dividend Value ETF by 20.6% during the 3rd quarter. LPL Financial LLC now owns 6,795,375 shares of the company’s stock worth $179,874,000 after buying an additional 1,161,371 shares during the last quarter. Finally, Aptus Capital Advisors LLC raised its position in Capital Group Dividend Value ETF by 808.6% during the 3rd quarter. Aptus Capital Advisors LLC now owns 869,161 shares of the company’s stock worth $23,007,000 after buying an additional 773,504 shares during the last quarter.

Capital Group Dividend Value ETF Price Performance

CGDV traded up $0.06 during trading on Tuesday, reaching $32.64. 1,532,947 shares of the company’s stock were exchanged, compared to its average volume of 1,482,169. Capital Group Dividend Value ETF has a 1 year low of $24.96 and a 1 year high of $32.78. The stock has a market capitalization of $7.44 billion, a P/E ratio of 22.38 and a beta of 0.92. The company’s fifty day simple moving average is $31.91 and its 200-day simple moving average is $29.99.

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.