Clear Point Advisors Inc. Has $2.12 Million Holdings in Capital Group Dividend Value ETF $CGDV

Clear Point Advisors Inc. increased its stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 22.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 53,608 shares of the company’s stock after purchasing an additional 9,965 shares during the period. Capital Group Dividend Value ETF makes up approximately 1.8% of Clear Point Advisors Inc.’s investment portfolio, making the stock its 15th largest holding. Clear Point Advisors Inc.’s holdings in Capital Group Dividend Value ETF were worth $2,117,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in CGDV. Johnson Bixby & Associates LLC lifted its holdings in shares of Capital Group Dividend Value ETF by 2.4% in the second quarter. Johnson Bixby & Associates LLC now owns 1,968,586 shares of the company’s stock valued at $77,739,000 after purchasing an additional 46,774 shares in the last quarter. KWB Wealth raised its holdings in Capital Group Dividend Value ETF by 58.2% during the second quarter. KWB Wealth now owns 200,054 shares of the company’s stock worth $7,900,000 after acquiring an additional 73,630 shares in the last quarter. Tempus Wealth Planning LLC increased its position in Capital Group Dividend Value ETF by 12.5% during the second quarter. Tempus Wealth Planning LLC now owns 253,873 shares of the company’s stock worth $10,025,000 after buying an additional 28,186 shares during the last quarter. Midwest Heritage Bank FSB increased its position in Capital Group Dividend Value ETF by 2.3% during the second quarter. Midwest Heritage Bank FSB now owns 641,829 shares of the company’s stock worth $25,346,000 after buying an additional 14,491 shares during the last quarter. Finally, ORG Partners LLC increased its position in Capital Group Dividend Value ETF by 864.6% during the second quarter. ORG Partners LLC now owns 10,630 shares of the company’s stock worth $421,000 after buying an additional 9,528 shares during the last quarter.

Capital Group Dividend Value ETF Stock Up 0.6%

Shares of NYSEARCA CGDV opened at $41.84 on Friday. The business’s 50 day moving average price is $41.27 and its two-hundred day moving average price is $38.32. The company has a market cap of $20.53 billion, a PE ratio of 26.59 and a beta of 0.91. Capital Group Dividend Value ETF has a twelve month low of $30.94 and a twelve month high of $42.32.

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.