Pillar Wealth Advisors LLC Acquires 6,078 Shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Pillar Wealth Advisors LLC boosted its holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 11.0% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 61,352 shares of the company’s stock after acquiring an additional 6,078 shares during the quarter. Capital Group Dividend Value ETF accounts for approximately 1.4% of Pillar Wealth Advisors LLC’s investment portfolio, making the stock its 19th biggest holding. Pillar Wealth Advisors LLC owned 0.06% of Capital Group Dividend Value ETF worth $1,831,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. Tennessee Valley Asset Management Partners bought a new position in shares of Capital Group Dividend Value ETF during the 4th quarter worth approximately $26,000. Signaturefd LLC bought a new position in shares of Capital Group Dividend Value ETF during the 4th quarter worth approximately $37,000. Winch Advisory Services LLC lifted its position in shares of Capital Group Dividend Value ETF by 35.1% during 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 in the last quarter. First Horizon Advisors Inc. bought a new position in shares of Capital Group Dividend Value ETF during the 3rd quarter worth approximately $90,000. Finally, Larson Financial Group LLC lifted its position in shares of Capital Group Dividend Value ETF by 35.3% during the 4th quarter. Larson Financial Group LLC now owns 3,835 shares of the company’s stock worth $114,000 after buying an additional 1,000 shares in the last quarter.

Capital Group Dividend Value ETF Stock Performance

Shares of Capital Group Dividend Value ETF stock traded down $0.62 during mid-day trading on Tuesday, hitting $31.73. 1,261,805 shares of the stock were exchanged, compared to its average volume of 1,479,065. 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 50-day simple moving average of $31.76 and a 200 day simple moving average of $29.76. The company has a market capitalization of $6.97 billion, a P/E 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.