Atlas Legacy Advisors LLC Has $1.97 Million Stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Atlas Legacy Advisors LLC trimmed its position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 81.1% during the 1st quarter, HoldingsChannel reports. The firm owned 54,061 shares of the company’s stock after selling 232,708 shares during the quarter. Atlas Legacy Advisors LLC’s holdings in Capital Group Dividend Value ETF were worth $1,971,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in CGDV. Hughes Financial Services LLC purchased a new position in shares of Capital Group Dividend Value ETF during the first quarter valued at $28,000. Golden State Wealth Management LLC acquired a new stake in Capital Group Dividend Value ETF during the 1st quarter worth about $32,000. Fifth Third Bancorp purchased a new position in Capital Group Dividend Value ETF during the 1st quarter valued at about $37,000. ORG Partners LLC grew its stake in Capital Group Dividend Value ETF by 100.4% during the 1st quarter. ORG Partners LLC now owns 1,102 shares of the company’s stock valued at $39,000 after acquiring an additional 552 shares in the last quarter. Finally, EQ Wealth Advisors LLC acquired a new position in shares of Capital Group Dividend Value ETF in the 1st quarter valued at about $56,000.

Capital Group Dividend Value ETF Price Performance

NYSEARCA CGDV opened at $41.26 on Monday. The firm has a market capitalization of $19.92 billion, a price-to-earnings ratio of 26.59 and a beta of 0.91. The company has a 50 day simple moving average of $38.90 and a 200-day simple moving average of $36.82. Capital Group Dividend Value ETF has a 52-week low of $30.94 and a 52-week high of $41.29.

Capital Group Dividend Value ETF 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.