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

Cassady Wealth & Retirement Planning LLC boosted its position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 18.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 186,190 shares of the company’s stock after purchasing an additional 28,773 shares during the period. Capital Group Dividend Value ETF comprises 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 reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Centaurus Financial Inc. raised its stake in shares of Capital Group Dividend Value ETF by 5.1% in the first quarter. Centaurus Financial Inc. now owns 110,137 shares of the company’s stock valued at $4,685,000 after buying an additional 5,344 shares during the period. Ashton Thomas Securities LLC grew its stake in shares of Capital Group Dividend Value ETF by 0.7% during the 1st quarter. Ashton Thomas Securities LLC now owns 75,726 shares of the company’s stock worth $3,221,000 after acquiring an additional 500 shares during the period. Arkadios Wealth Advisors grew its stake in shares of Capital Group Dividend Value ETF by 231.1% during the 1st quarter. Arkadios Wealth Advisors now owns 277,821 shares of the company’s stock worth $11,819,000 after acquiring an additional 193,902 shares during the period. EverSource Wealth Advisors LLC increased its holdings in Capital Group Dividend Value ETF by 4.0% in the 1st quarter. EverSource Wealth Advisors LLC now owns 113,985 shares of the company’s stock worth $4,849,000 after acquiring an additional 4,419 shares during the last quarter. Finally, Core Wealth Advisors Inc. increased its holdings in Capital Group Dividend Value ETF by 4.7% in the 1st quarter. Core Wealth Advisors Inc. now owns 556,609 shares of the company’s stock worth $23,678,000 after acquiring an additional 25,022 shares during the last quarter.

Capital Group Dividend Value ETF Stock Down 1.4%

NYSEARCA CGDV opened at $48.44 on Thursday. The company has a market cap of $36.45 billion, a PE ratio of 26.59 and a beta of 0.88. Capital Group Dividend Value ETF has a 52 week low of $39.87 and a 52 week high of $49.55. The firm’s 50-day simple moving average is $48.71 and its two-hundred day simple moving average is $46.30.

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.