Financial Perspectives Inc Purchases 468 Shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Financial Perspectives Inc boosted its position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 6.3% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 7,906 shares of the company’s stock after purchasing an additional 468 shares during the period. Financial Perspectives Inc’s holdings in Capital Group Dividend Value ETF were worth $261,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. UBS Group AG increased its holdings in shares of Capital Group Dividend Value ETF by 26.9% during the fourth quarter. UBS Group AG now owns 2,345,012 shares of the company’s stock worth $69,975,000 after buying an additional 496,927 shares in the last quarter. Wells Fargo & Company MN increased its holdings in Capital Group Dividend Value ETF by 117.2% during the 4th quarter. Wells Fargo & Company MN now owns 4,098,283 shares of the company’s stock valued at $122,293,000 after purchasing an additional 2,211,266 shares in the last quarter. D.A. Davidson & CO. raised its position in Capital Group Dividend Value ETF by 7.1% in the 4th quarter. D.A. Davidson & CO. now owns 212,807 shares of the company’s stock valued at $6,350,000 after purchasing an additional 14,144 shares during the last quarter. Assetmark Inc. boosted its stake in Capital Group Dividend Value ETF by 4.7% in the fourth quarter. Assetmark Inc. now owns 557,568 shares of the company’s stock worth $16,638,000 after purchasing an additional 24,815 shares in the last quarter. Finally, EverSource Wealth Advisors LLC boosted its stake in Capital Group Dividend Value ETF by 12.9% in the fourth quarter. EverSource Wealth Advisors LLC now owns 47,984 shares of the company’s stock worth $1,432,000 after purchasing an additional 5,495 shares in the last quarter.

Capital Group Dividend Value ETF Stock Performance

Shares of NYSEARCA:CGDV opened at $35.61 on Monday. The business has a fifty day moving average of $34.56 and a 200-day moving average of $33.20. The firm has a market cap of $8.12 billion, a PE ratio of 22.38 and a beta of 0.92. Capital Group Dividend Value ETF has a twelve month low of $25.47 and a twelve month high of $35.78.

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.