Harbor Investment Advisory LLC Purchases 3,200 Shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Harbor Investment Advisory LLC raised its position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 21.9% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 17,800 shares of the company’s stock after purchasing an additional 3,200 shares during the quarter. Harbor Investment Advisory LLC’s holdings in Capital Group Dividend Value ETF were worth $628,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Hershey Financial Advisers LLC purchased a new position in shares of Capital Group Dividend Value ETF in the second quarter valued at $36,000. Cassady Schiller Wealth Management LLC purchased a new position in shares of Capital Group Dividend Value ETF in the 3rd quarter worth $83,000. Mather Group LLC. increased its holdings in shares of Capital Group Dividend Value ETF by 36.7% in the 3rd quarter. Mather Group LLC. now owns 3,464 shares of the company’s stock worth $126,000 after buying an additional 930 shares during the last quarter. Valley National Advisers Inc. raised its position in shares of Capital Group Dividend Value ETF by 503.2% during the 3rd quarter. Valley National Advisers Inc. now owns 4,192 shares of the company’s stock valued at $151,000 after buying an additional 3,497 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. lifted its holdings in shares of Capital Group Dividend Value ETF by 7.3% in the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 4,475 shares of the company’s stock valued at $163,000 after acquiring an additional 304 shares during the last quarter.

Capital Group Dividend Value ETF Trading Up 1.3 %

CGDV opened at $36.30 on Wednesday. Capital Group Dividend Value ETF has a 12 month low of $29.85 and a 12 month high of $37.17. The stock has a 50-day moving average of $36.03 and a 200 day moving average of $35.64. The firm has a market cap of $8.27 billion, a P/E 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.