Fulcrum Equity Management Has $872,000 Position in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Fulcrum Equity Management reduced its holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 29.2% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 32,235 shares of the company’s stock after selling 13,297 shares during the period. Fulcrum Equity Management’s holdings in Capital Group Dividend Value ETF were worth $872,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of CGDV. Capital International Investors acquired a new position in Capital Group Dividend Value ETF in the first quarter valued at approximately $24,214,000. Confluence Wealth Services Inc. raised its holdings in Capital Group Dividend Value ETF by 239.0% in the fourth quarter. Confluence Wealth Services Inc. now owns 1,300,660 shares of the company’s stock worth $30,683,000 after purchasing an additional 916,987 shares during the period. Northwestern Mutual Wealth Management Co. raised its holdings in Capital Group Dividend Value ETF by 57.4% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,341,386 shares of the company’s stock worth $55,233,000 after purchasing an additional 854,109 shares during the period. Summit Investment Advisory Services LLC raised its holdings in Capital Group Dividend Value ETF by 6,383.1% in the first quarter. Summit Investment Advisory Services LLC now owns 792,622 shares of the company’s stock worth $19,768,000 after purchasing an additional 780,396 shares during the period. Finally, Stifel Financial Corp raised its holdings in Capital Group Dividend Value ETF by 318.5% in the first quarter. Stifel Financial Corp now owns 915,700 shares of the company’s stock worth $22,838,000 after purchasing an additional 696,870 shares during the period.

Capital Group Dividend Value ETF Stock Performance

CGDV opened at $27.41 on Friday. The firm’s fifty day moving average is $27.50 and its two-hundred day moving average is $26.12. The firm has a market cap of $2.74 billion, a PE ratio of 17.83 and a beta of 0.91. Capital Group Dividend Value ETF has a twelve month low of $20.41 and a twelve month high of $28.27.

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.