Latitude Advisors LLC Purchases 5,146 Shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Latitude Advisors LLC raised its position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 12.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 47,526 shares of the company’s stock after buying an additional 5,146 shares during the period. Capital Group Dividend Value ETF accounts for about 0.9% of Latitude Advisors LLC’s investment portfolio, making the stock its 21st biggest position. Latitude Advisors LLC’s holdings in Capital Group Dividend Value ETF were worth $1,676,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. Sovran Advisors LLC bought a new position in shares of Capital Group Dividend Value ETF in the fourth quarter valued at approximately $5,576,000. Stonebridge Financial Group LLC bought a new position in Capital Group Dividend Value ETF in the 4th quarter valued at $1,009,000. Carnegie Lake Advisors LLC boosted its stake in Capital Group Dividend Value ETF by 7.3% in the fourth quarter. Carnegie Lake Advisors LLC now owns 6,142 shares of the company’s stock worth $217,000 after purchasing an additional 420 shares in the last quarter. Kestra Private Wealth Services LLC grew its holdings in shares of Capital Group Dividend Value ETF by 15.3% during the fourth quarter. Kestra Private Wealth Services LLC now owns 345,749 shares of the company’s stock worth $12,191,000 after purchasing an additional 45,880 shares during the last quarter. Finally, Stephens Inc. AR acquired a new stake in shares of Capital Group Dividend Value ETF in the fourth quarter valued at $247,000.

Capital Group Dividend Value ETF Stock Up 0.6 %

Shares of NYSEARCA CGDV opened at $37.13 on Tuesday. Capital Group Dividend Value ETF has a 12-month low of $29.86 and a 12-month high of $37.28. The company has a market cap of $8.46 billion, a price-to-earnings ratio of 22.38 and a beta of 0.92. The firm’s 50-day simple moving average is $36.08 and its 200 day simple moving average is $35.91.

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.