Fermata Advisors LLC Grows Stock Holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Fermata Advisors LLC increased its holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 0.8% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 196,053 shares of the company’s stock after acquiring an additional 1,540 shares during the quarter. Capital Group Dividend Value ETF makes up about 1.3% of Fermata Advisors LLC’s investment portfolio, making the stock its 21st largest position. Fermata Advisors LLC’s holdings in Capital Group Dividend Value ETF were worth $6,987,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of the business. Blue Trust Inc. lifted its stake in shares of Capital Group Dividend Value ETF by 33.3% during the 4th quarter. Blue Trust Inc. now owns 1,600 shares of the company’s stock worth $58,000 after purchasing an additional 400 shares during the last quarter. DAVENPORT & Co LLC raised its stake in shares of Capital Group Dividend Value ETF by 11.4% in the fourth quarter. DAVENPORT & Co LLC now owns 73,288 shares of the company’s stock worth $2,584,000 after purchasing an additional 7,513 shares during the last quarter. Stratos Wealth Partners LTD. raised its position in Capital Group Dividend Value ETF by 88.7% during the 4th quarter. Stratos Wealth Partners LTD. now owns 52,062 shares of the company’s stock worth $1,836,000 after buying an additional 24,479 shares during the last quarter. Stratos Wealth Advisors LLC raised its holdings in shares of Capital Group Dividend Value ETF by 0.8% during the fourth quarter. Stratos Wealth Advisors LLC now owns 54,443 shares of the company’s stock worth $1,920,000 after purchasing an additional 449 shares during the last quarter. Finally, Confluence Wealth Services Inc. raised its stake in shares of Capital Group Dividend Value ETF by 9.0% during the 4th quarter. Confluence Wealth Services Inc. now owns 4,708,770 shares of the company’s stock valued at $172,341,000 after buying an additional 388,981 shares during the last quarter.

Capital Group Dividend Value ETF Price Performance

NYSEARCA:CGDV opened at $37.79 on Thursday. Capital Group Dividend Value ETF has a 1-year low of $30.94 and a 1-year high of $37.90. The company has a 50 day moving average price of $35.26 and a 200-day moving average price of $35.93. The firm has a market cap of $16.50 billion, a price-to-earnings ratio of 25.72 and a beta of 0.89.

Capital Group Dividend Value ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Tuesday, April 1st. Stockholders of record on Monday, March 31st were paid a dividend of $0.1067 per share. The ex-dividend date of this dividend was Monday, March 31st.

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.