Capital Group Dividend Value ETF $CGDV Shares Purchased by Scott Capital Advisors LLC

Scott Capital Advisors LLC lifted its position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 13.3% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 150,979 shares of the company’s stock after purchasing an additional 17,692 shares during the quarter. Capital Group Dividend Value ETF comprises about 1.2% of Scott Capital Advisors LLC’s holdings, making the stock its 20th biggest holding. Scott Capital Advisors LLC’s holdings in Capital Group Dividend Value ETF were worth $7,440,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of CGDV. Triumph Capital Management purchased a new stake in shares of Capital Group Dividend Value ETF in the 3rd quarter valued at approximately $32,000. Bay Harbor Wealth Management LLC acquired a new position in shares of Capital Group Dividend Value ETF in the 4th quarter valued at $32,000. Tucker Asset Management LLC purchased a new position in shares of Capital Group Dividend Value ETF during the 4th quarter worth $32,000. Flagship Wealth Advisors LLC acquired a new stake in shares of Capital Group Dividend Value ETF during the 4th quarter worth about $32,000. Finally, TD Capital Management LLC purchased a new stake in Capital Group Dividend Value ETF in the 4th quarter valued at about $34,000.

Capital Group Dividend Value ETF Price Performance

NYSEARCA CGDV opened at $51.21 on Tuesday. The stock has a market capitalization of $38.84 billion, a P/E ratio of 26.59 and a beta of 0.88. The firm’s 50-day moving average is $49.08 and its two-hundred day moving average is $46.65. Capital Group Dividend Value ETF has a 12 month low of $40.45 and a 12 month high of $51.49.

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. CGDV was launched on Feb 22, 2022 and is managed by Capital Group.