Cassady Wealth & Retirement Planning LLC Boosts Stock Holdings in Capital Group Dividend Value ETF $CGDV

Cassady Wealth & Retirement Planning LLC lifted its holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 18.3% during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 186,190 shares of the company’s stock after buying an additional 28,773 shares during the period. Capital Group Dividend Value ETF makes up approximately 4.2% of Cassady Wealth & Retirement Planning LLC’s portfolio, making the stock its 4th biggest holding. Cassady Wealth & Retirement Planning LLC’s holdings in Capital Group Dividend Value ETF were worth $8,641,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. LPL Financial LLC lifted its holdings in Capital Group Dividend Value ETF by 20.7% during the fourth quarter. LPL Financial LLC now owns 63,490,640 shares of the company’s stock worth $2,770,731,000 after acquiring an additional 10,904,954 shares during the period. Raymond James Financial Inc. grew its stake in Capital Group Dividend Value ETF by 6.6% in the 4th quarter. Raymond James Financial Inc. now owns 23,591,243 shares of the company’s stock valued at $1,029,522,000 after purchasing an additional 1,465,566 shares during the period. Capital International Investors grew its stake in Capital Group Dividend Value ETF by 1.8% in the 4th quarter. Capital International Investors now owns 22,899,119 shares of the company’s stock valued at $999,318,000 after purchasing an additional 397,762 shares during the period. Northwestern Mutual Wealth Management Co. increased its position in shares of Capital Group Dividend Value ETF by 12.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 18,754,937 shares of the company’s stock valued at $818,465,000 after purchasing an additional 2,061,385 shares during the last quarter. Finally, Cetera Investment Advisers raised its stake in shares of Capital Group Dividend Value ETF by 12.0% during the 1st quarter. Cetera Investment Advisers now owns 18,359,294 shares of the company’s stock worth $781,004,000 after purchasing an additional 1,959,868 shares during the period.

Capital Group Dividend Value ETF Stock Performance

Shares of NYSEARCA:CGDV opened at $48.44 on Thursday. The company has a market capitalization of $36.45 billion, a P/E ratio of 26.59 and a beta of 0.88. The company’s 50-day moving average is $48.71 and its 200 day moving average is $46.30. Capital Group Dividend Value ETF has a fifty-two week low of $39.87 and a fifty-two week high of $49.55.

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. CGDV was launched on Feb 22, 2022 and is managed by Capital Group.