Clear Point Advisors Inc. Buys 2,859 Shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Clear Point Advisors Inc. boosted its position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 7.7% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 39,959 shares of the company’s stock after acquiring an additional 2,859 shares during the period. Capital Group Dividend Value ETF accounts for about 1.1% of Clear Point Advisors Inc.’s investment portfolio, making the stock its 21st largest position. Clear Point Advisors Inc.’s holdings in Capital Group Dividend Value ETF were worth $1,319,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Headlands Technologies LLC bought a new position in shares of Capital Group Dividend Value ETF during the 2nd quarter valued at about $27,000. Glassman Wealth Services purchased a new position in Capital Group Dividend Value ETF during the 1st quarter valued at approximately $29,000. Transcendent Capital Group LLC bought a new stake in Capital Group Dividend Value ETF in the 4th quarter worth approximately $33,000. Signaturefd LLC purchased a new stake in shares of Capital Group Dividend Value ETF during the 2nd quarter worth approximately $36,000. Finally, Russell Investments Group Ltd. bought a new position in shares of Capital Group Dividend Value ETF during the 1st quarter valued at approximately $42,000.

Capital Group Dividend Value ETF Stock Up 0.1 %

Capital Group Dividend Value ETF stock opened at $36.44 on Wednesday. Capital Group Dividend Value ETF has a 52-week low of $25.47 and a 52-week high of $36.49. The firm’s fifty day moving average is $34.88 and its 200 day moving average is $33.42. The company has a market cap of $8.30 billion, a price-to-earnings 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.