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) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 29,757 shares of the company’s stock, valued at approximately $1,084,000.

A number of other institutional investors and hedge funds have also bought and sold shares of CGDV. Headlands Technologies LLC acquired a new position in shares of Capital Group Dividend Value ETF during the 2nd quarter valued at $27,000. Glassman Wealth Services acquired a new stake in shares of Capital Group Dividend Value ETF in the 1st quarter valued at about $29,000. Signaturefd LLC bought a new stake in Capital Group Dividend Value ETF during the second quarter worth $36,000. Hershey Financial Advisers LLC bought a new position in Capital Group Dividend Value ETF during the 2nd quarter valued at $36,000. Finally, Russell Investments Group Ltd. purchased a new position in Capital Group Dividend Value ETF during the 1st quarter worth $42,000.

Capital Group Dividend Value ETF Stock Down 0.6 %

CGDV traded down $0.21 during trading hours on Tuesday, hitting $36.57. The stock had a trading volume of 337,852 shares, compared to its average volume of 1,600,623. The stock has a market cap of $8.33 billion, a PE ratio of 22.38 and a beta of 0.92. Capital Group Dividend Value ETF has a 1 year low of $25.47 and a 1 year high of $37.17. The company’s fifty day simple moving average is $35.75 and its 200 day simple moving average is $33.99.

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.