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

Scott Capital Advisors LLC raised its holdings in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 29.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 116,785 shares of the company’s stock after buying an additional 26,483 shares during the period. Capital Group Dividend Value ETF comprises 1.1% of Scott Capital Advisors LLC’s investment portfolio, making the stock its 16th largest position. Scott Capital Advisors LLC’s holdings in Capital Group Dividend Value ETF were worth $5,096,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Raymond James Financial Inc. increased its stake in Capital Group Dividend Value ETF by 14.3% during the 3rd quarter. Raymond James Financial Inc. now owns 22,125,677 shares of the company’s stock worth $929,942,000 after buying an additional 2,772,053 shares during the period. Bank of America Corp DE grew its position in shares of Capital Group Dividend Value ETF by 20.4% during the third quarter. Bank of America Corp DE now owns 15,868,443 shares of the company’s stock worth $666,951,000 after acquiring an additional 2,688,496 shares during the last quarter. Jones Financial Companies Lllp lifted its position in Capital Group Dividend Value ETF by 39.1% in the 3rd quarter. Jones Financial Companies Lllp now owns 7,854,486 shares of the company’s stock valued at $328,634,000 after purchasing an additional 2,208,093 shares during the last quarter. Mainstay Capital Management LLC ADV acquired a new stake in shares of Capital Group Dividend Value ETF in the third quarter valued at approximately $70,987,000. Finally, Northwestern Mutual Wealth Management Co. boosted its position in shares of Capital Group Dividend Value ETF by 10.8% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 15,328,061 shares of the company’s stock worth $605,305,000 after buying an additional 1,496,823 shares during the period.

Capital Group Dividend Value ETF Trading Down 0.1%

Shares of NYSEARCA:CGDV opened at $42.91 on Wednesday. Capital Group Dividend Value ETF has a twelve month low of $30.94 and a twelve month high of $46.01. The firm has a market cap of $27.40 billion, a P/E ratio of 26.59 and a beta of 0.89. The company has a 50 day moving average of $44.69 and a 200-day moving average of $43.53.

About Capital Group Dividend Value ETF

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.