Headlands Technologies LLC Purchases New Stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Headlands Technologies LLC purchased a new stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 818 shares of the company’s stock, valued at approximately $27,000.

Several other large investors have also recently bought and sold shares of the business. UBS Group AG increased its position in Capital Group Dividend Value ETF by 26.9% in the 4th quarter. UBS Group AG now owns 2,345,012 shares of the company’s stock worth $69,975,000 after purchasing an additional 496,927 shares during the last quarter. Wells Fargo & Company MN increased its position in Capital Group Dividend Value ETF by 117.2% in the 4th quarter. Wells Fargo & Company MN now owns 4,098,283 shares of the company’s stock worth $122,293,000 after purchasing an additional 2,211,266 shares during the last quarter. D.A. Davidson & CO. increased 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 worth $6,350,000 after purchasing an additional 14,144 shares during the last quarter. Assetmark Inc. increased its position in Capital Group Dividend Value ETF by 4.7% in the 4th quarter. Assetmark Inc. now owns 557,568 shares of the company’s stock worth $16,638,000 after purchasing an additional 24,815 shares during the last quarter. Finally, EverSource Wealth Advisors LLC increased its position in Capital Group Dividend Value ETF by 12.9% in the 4th 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 during the last quarter.

Capital Group Dividend Value ETF Price Performance

Shares of CGDV stock opened at $35.79 on Wednesday. Capital Group Dividend Value ETF has a fifty-two week low of $25.47 and a fifty-two week high of $35.94. The stock’s 50-day moving average is $34.61 and its two-hundred day moving average is $33.23. The firm has a market cap of $8.16 billion, a P/E 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.