Acas LLC Raises Stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Acas LLC grew its holdings in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 148.5% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 77,964 shares of the company’s stock after acquiring an additional 46,594 shares during the quarter. Capital Group Dividend Value ETF accounts for approximately 2.6% of Acas LLC’s holdings, making the stock its 11th biggest holding. Acas LLC owned approximately 0.08% of Capital Group Dividend Value ETF worth $2,326,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the business. Tennessee Valley Asset Management Partners bought a new stake in Capital Group Dividend Value ETF in the fourth quarter valued at approximately $26,000. Ronald Blue Trust Inc. bought a new stake in Capital Group Dividend Value ETF during the 3rd quarter valued at $32,000. Signaturefd LLC bought a new position in shares of Capital Group Dividend Value ETF during the fourth quarter valued at about $37,000. Winch Advisory Services LLC lifted its holdings in Capital Group Dividend Value ETF by 35.1% in the 4th quarter. Winch Advisory Services LLC now owns 2,770 shares of the company’s stock worth $83,000 after buying an additional 719 shares during the period. Finally, First Horizon Advisors Inc. bought a new stake in shares of Capital Group Dividend Value ETF in the 3rd quarter worth approximately $90,000.

Capital Group Dividend Value ETF Stock Performance

Shares of Capital Group Dividend Value ETF stock traded down $0.17 during midday trading on Thursday, reaching $31.71. 635,122 shares of the company’s stock traded hands, compared to its average volume of 1,462,750. The stock has a 50 day moving average of $31.63 and a 200-day moving average of $29.61. Capital Group Dividend Value ETF has a 12 month low of $24.86 and a 12 month high of $32.74. The company has a market cap of $6.97 billion, a PE ratio of 21.74 and a beta of 0.91.

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.