Capital Group Dividend Value ETF (NYSEARCA:CGDV) Shares Acquired by WESPAC Advisors LLC

WESPAC Advisors LLC boosted its stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 3.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 46,418 shares of the company’s stock after purchasing an additional 1,419 shares during the period. Capital Group Dividend Value ETF makes up about 1.3% of WESPAC Advisors LLC’s investment portfolio, making the stock its 20th biggest holding. WESPAC Advisors LLC’s holdings in Capital Group Dividend Value ETF were worth $1,691,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently added to or reduced their stakes in the stock. Russell Investments Group Ltd. acquired a new stake in Capital Group Dividend Value ETF in the first quarter valued at approximately $42,000. Clear Point Advisors Inc. increased its stake in Capital Group Dividend Value ETF by 1.6% during the 1st quarter. Clear Point Advisors Inc. now owns 37,100 shares of the company’s stock worth $1,206,000 after buying an additional 583 shares during the period. Comerica Bank boosted its position in Capital Group Dividend Value ETF by 24.2% in the 1st quarter. Comerica Bank now owns 9,523 shares of the company’s stock valued at $309,000 after buying an additional 1,855 shares during the last quarter. Highlander Capital Management LLC acquired a new stake in shares of Capital Group Dividend Value ETF during the first quarter valued at about $91,000. Finally, Virtu Financial LLC purchased a new stake in shares of Capital Group Dividend Value ETF during the first quarter worth about $5,200,000.

Capital Group Dividend Value ETF Stock Performance

Shares of CGDV opened at $36.58 on Friday. Capital Group Dividend Value ETF has a one year low of $27.86 and a one year high of $37.17. The stock has a 50-day moving average price of $36.42 and a 200 day moving average price of $34.76. The company has a market capitalization of $8.34 billion, a P/E ratio of 22.38 and a beta of 0.92.

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.