Arden Trust Co Grows Stock Holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Arden Trust Co raised its stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 1.1% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 455,116 shares of the company’s stock after acquiring an additional 4,871 shares during the period. Capital Group Dividend Value ETF makes up 2.1% of Arden Trust Co’s investment portfolio, making the stock its 14th biggest holding. Arden Trust Co owned 0.45% of Capital Group Dividend Value ETF worth $14,791,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Lincoln National Corp grew its position in Capital Group Dividend Value ETF by 22.8% in the 4th quarter. Lincoln National Corp now owns 513,371 shares of the company’s stock valued at $15,319,000 after buying an additional 95,468 shares during the last quarter. Choreo LLC raised its holdings in Capital Group Dividend Value ETF by 2.1% during the fourth quarter. Choreo LLC now owns 151,726 shares of the company’s stock worth $4,528,000 after purchasing an additional 3,186 shares in the last quarter. Valmark Advisers Inc. raised its holdings in Capital Group Dividend Value ETF by 13.3% during the fourth quarter. Valmark Advisers Inc. now owns 522,452 shares of the company’s stock worth $15,590,000 after purchasing an additional 61,365 shares in the last quarter. Wells Fargo & Company MN lifted its position in Capital Group Dividend Value ETF by 117.2% in the fourth quarter. Wells Fargo & Company MN now owns 4,098,283 shares of the company’s stock valued at $122,293,000 after purchasing an additional 2,211,266 shares during the period. Finally, Larson Financial Group LLC boosted its holdings in Capital Group Dividend Value ETF by 35.3% in the 4th quarter. Larson Financial Group LLC now owns 3,835 shares of the company’s stock valued at $114,000 after purchasing an additional 1,000 shares in the last quarter.

Capital Group Dividend Value ETF Stock Performance

NYSEARCA:CGDV traded down $0.02 during trading hours on Tuesday, hitting $33.33. The company’s stock had a trading volume of 1,404,263 shares, compared to its average volume of 1,587,261. Capital Group Dividend Value ETF has a 52-week low of $25.47 and a 52-week high of $33.41. The business’s 50-day moving average is $32.51 and its two-hundred day moving average is $31.19. The company has a market capitalization of $7.59 billion, a PE ratio of 22.38 and a beta of 0.92.

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.