29,757 Shares in Capital Group Dividend Value ETF (NYSEARCA:CGDV) Bought by Fortis Group Advisors LLC

Fortis Group Advisors LLC purchased a new stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 29,757 shares of the company’s stock, valued at approximately $1,084,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Park Avenue Securities LLC boosted its holdings in shares of Capital Group Dividend Value ETF by 5.4% in the 1st quarter. Park Avenue Securities LLC now owns 35,618 shares of the company’s stock valued at $1,158,000 after buying an additional 1,811 shares during the last quarter. International Assets Investment Management LLC increased its position in Capital Group Dividend Value ETF by 4.4% during the 1st quarter. International Assets Investment Management LLC now owns 9,423 shares of the company’s stock worth $306,000 after buying an additional 400 shares during the period. Harbor Investment Advisory LLC lifted its holdings in shares of Capital Group Dividend Value ETF by 130.6% during the first quarter. Harbor Investment Advisory LLC now owns 14,300 shares of the company’s stock worth $465,000 after buying an additional 8,100 shares in the last quarter. Dynamic Advisor Solutions LLC boosted its position in shares of Capital Group Dividend Value ETF by 69.2% in the first quarter. Dynamic Advisor Solutions LLC now owns 52,436 shares of the company’s stock valued at $1,704,000 after acquiring an additional 21,440 shares during the period. Finally, Sunbelt Securities Inc. grew its stake in shares of Capital Group Dividend Value ETF by 35.6% in the first quarter. Sunbelt Securities Inc. now owns 90,496 shares of the company’s stock valued at $2,941,000 after acquiring an additional 23,753 shares in the last quarter.

Capital Group Dividend Value ETF Stock Performance

NYSEARCA:CGDV traded down $0.21 during mid-day trading on Tuesday, reaching $36.57. 337,852 shares of the company’s stock were exchanged, compared to its average volume of 1,600,623. The firm has a market capitalization of $8.33 billion, a PE ratio of 22.38 and a beta of 0.92. Capital Group Dividend Value ETF has a one year low of $25.47 and a one year high of $37.17. The business’s fifty day simple moving average is $35.75 and its two-hundred day simple moving average is $33.99.

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.