Mason Investment Advisory Services Inc. Increases Stock Position in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Mason Investment Advisory Services Inc. boosted its position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 65.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 121,469 shares of the company’s stock after buying an additional 47,873 shares during the quarter. Capital Group Dividend Value ETF accounts for approximately 0.3% of Mason Investment Advisory Services Inc.’s holdings, making the stock its 11th biggest holding. Mason Investment Advisory Services Inc. owned about 0.05% of Capital Group Dividend Value ETF worth $4,426,000 at the end of the most recent quarter.

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

Capital Group Dividend Value ETF Stock Performance

NYSEARCA:CGDV opened at $36.58 on Friday. The company has a market capitalization of $8.34 billion, a price-to-earnings ratio of 22.38 and a beta of 0.92. Capital Group Dividend Value ETF has a one year low of $27.86 and a one year high of $37.17. The stock has a 50-day simple moving average of $36.42 and a 200 day simple moving average of $34.74.

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.