B. Riley Wealth Advisors Inc. Invests $201,000 in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

B. Riley Wealth Advisors Inc. purchased a new stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 5,509 shares of the company’s stock, valued at approximately $201,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Headlands Technologies LLC acquired a new position in Capital Group Dividend Value ETF during the second quarter valued at approximately $27,000. Signaturefd LLC bought a new position in Capital Group Dividend Value ETF in the 2nd quarter worth $36,000. Hershey Financial Advisers LLC bought a new position in Capital Group Dividend Value ETF in the 2nd quarter worth $36,000. Cassady Schiller Wealth Management LLC acquired a new position in Capital Group Dividend Value ETF during the 3rd quarter worth $83,000. Finally, Ashton Thomas Private Wealth LLC bought a new stake in Capital Group Dividend Value ETF during the second quarter valued at about $88,000.

Capital Group Dividend Value ETF Stock Performance

Capital Group Dividend Value ETF stock opened at $35.60 on Monday. Capital Group Dividend Value ETF has a 52 week low of $29.23 and a 52 week high of $37.17. The firm has a market capitalization of $8.11 billion, a PE ratio of 22.38 and a beta of 0.92. The business’s 50-day simple moving average is $36.48 and its 200-day simple moving average is $35.25.

Capital Group Dividend Value ETF 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.