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

Scott Capital Advisors LLC raised its position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 13.3% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 150,979 shares of the company’s stock after buying an additional 17,692 shares during the period. Capital Group Dividend Value ETF comprises about 1.2% of Scott Capital Advisors LLC’s holdings, making the stock its 20th largest 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.

A number of other institutional investors have also modified their holdings of the company. Flagship Wealth Advisors LLC purchased a new position in Capital Group Dividend Value ETF during the 4th quarter valued at about $32,000. Bay Harbor Wealth Management LLC purchased a new stake in Capital Group Dividend Value ETF during the fourth quarter worth about $32,000. Tucker Asset Management LLC purchased a new stake in Capital Group Dividend Value ETF during the fourth quarter worth about $32,000. Triumph Capital Management purchased a new stake in Capital Group Dividend Value ETF during the third quarter worth about $32,000. Finally, TD Capital Management LLC acquired a new stake in shares of Capital Group Dividend Value ETF during the fourth quarter worth about $34,000.

Capital Group Dividend Value ETF Stock Performance

NYSEARCA CGDV opened at $51.21 on Tuesday. The firm has a 50 day simple moving average of $49.08 and a 200-day simple moving average of $46.65. Capital Group Dividend Value ETF has a one year low of $40.45 and a one year high of $51.49. The firm has a market cap of $38.84 billion, a price-to-earnings ratio of 26.59 and a beta of 0.88.

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.