30,263 Shares in Capital Group Dividend Value ETF (NYSEARCA:CGDV) Purchased by Nwam LLC

Nwam LLC purchased a new stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 30,263 shares of the company’s stock, valued at approximately $1,103,000.

Other hedge funds also recently modified their holdings of the company. Russell Investments Group Ltd. bought a new position in shares of Capital Group Dividend Value ETF during the 1st quarter worth about $42,000. Clear Point Advisors Inc. boosted its holdings in Capital Group Dividend Value ETF by 1.6% during the first quarter. Clear Point Advisors Inc. now owns 37,100 shares of the company’s stock valued at $1,206,000 after purchasing an additional 583 shares in the last quarter. Comerica Bank grew its stake in shares of Capital Group Dividend Value ETF by 24.2% in the 1st quarter. Comerica Bank now owns 9,523 shares of the company’s stock valued at $309,000 after purchasing an additional 1,855 shares during the period. Highlander Capital Management LLC acquired a new position in shares of Capital Group Dividend Value ETF in the 1st quarter worth approximately $91,000. Finally, Virtu Financial LLC bought a new position in shares of Capital Group Dividend Value ETF during the 1st quarter worth approximately $5,200,000.

Capital Group Dividend Value ETF Price Performance

Shares of NYSEARCA:CGDV opened at $36.58 on Friday. The business’s fifty day moving average price is $36.42 and its two-hundred day moving average price is $34.76. Capital Group Dividend Value ETF has a fifty-two week low of $27.86 and a fifty-two week high of $37.17. The stock has a market capitalization of $8.34 billion, a price-to-earnings ratio of 22.38 and a beta of 0.92.

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.