Brendel Financial Advisors LLC Lowers Holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Brendel Financial Advisors LLC cut its position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 8.2% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,046 shares of the company’s stock after selling 1,526 shares during the quarter. Brendel Financial Advisors LLC’s holdings in Capital Group Dividend Value ETF were worth $608,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of the company. Fifth Third Bancorp bought a new position in shares of Capital Group Dividend Value ETF in the 1st quarter worth $37,000. ORG Partners LLC increased its holdings in shares of Capital Group Dividend Value ETF by 100.4% in the 1st quarter. ORG Partners LLC now owns 1,102 shares of the company’s stock worth $39,000 after buying an additional 552 shares during the last quarter. Venturi Wealth Management LLC bought a new position in shares of Capital Group Dividend Value ETF in the 4th quarter worth $47,000. PNC Financial Services Group Inc. bought a new position in shares of Capital Group Dividend Value ETF in the 4th quarter worth $55,000. Finally, CX Institutional bought a new position in shares of Capital Group Dividend Value ETF in the 1st quarter worth $58,000.

Capital Group Dividend Value ETF Price Performance

Shares of NYSEARCA:CGDV opened at $38.25 on Friday. The company’s fifty day moving average price is $36.33 and its 200-day moving average price is $36.07. The firm has a market capitalization of $17.27 billion, a price-to-earnings ratio of 26.38 and a beta of 0.90. Capital Group Dividend Value ETF has a one year low of $30.94 and a one year high of $38.76.

Capital Group Dividend Value ETF Announces Dividend

The business also recently declared a dividend, which was paid on Tuesday, April 1st. Stockholders of record on Monday, March 31st were issued a $0.1067 dividend. 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.