Fortis Group Advisors LLC Purchases 5,763 Shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Fortis Group Advisors LLC grew its position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 19.4% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 35,520 shares of the company’s stock after buying an additional 5,763 shares during the quarter. Fortis Group Advisors LLC’s holdings in Capital Group Dividend Value ETF were worth $1,252,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Blue Trust Inc. lifted its stake in Capital Group Dividend Value ETF by 33.3% in the fourth quarter. Blue Trust Inc. now owns 1,600 shares of the company’s stock valued at $58,000 after purchasing an additional 400 shares during the last quarter. Cassady Schiller Wealth Management LLC purchased a new stake in Capital Group Dividend Value ETF in the 3rd quarter worth about $83,000. Oakworth Capital Inc. bought a new stake in Capital Group Dividend Value ETF in the 4th quarter valued at about $129,000. Westside Investment Management Inc. boosted its position in Capital Group Dividend Value ETF by 1,595.7% during the fourth quarter. Westside Investment Management Inc. now owns 3,900 shares of the company’s stock worth $138,000 after purchasing an additional 3,670 shares during the period. Finally, Valley National Advisers Inc. increased its stake in shares of Capital Group Dividend Value ETF by 503.2% in the third quarter. Valley National Advisers Inc. now owns 4,192 shares of the company’s stock worth $151,000 after purchasing an additional 3,497 shares in the last quarter.

Capital Group Dividend Value ETF Trading Down 0.4 %

Shares of CGDV stock opened at $37.20 on Tuesday. Capital Group Dividend Value ETF has a 12 month low of $30.28 and a 12 month high of $37.38. The stock has a market capitalization of $8.48 billion, a P/E ratio of 22.38 and a beta of 0.92. The firm’s 50 day moving average is $36.14 and its 200 day moving average is $36.00.

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.