Capital Group Dividend Value ETF $CGDV is Mascagni Wealth Management Inc.’s 4th Largest Position

Mascagni Wealth Management Inc. grew its holdings in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 15.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 125,712 shares of the company’s stock after buying an additional 16,501 shares during the quarter. Capital Group Dividend Value ETF accounts for about 4.1% of Mascagni Wealth Management Inc.’s investment portfolio, making the stock its 4th largest holding. Mascagni Wealth Management Inc.’s holdings in Capital Group Dividend Value ETF were worth $5,486,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. OneAscent Financial Services LLC boosted its stake in shares of Capital Group Dividend Value ETF by 0.7% during the 4th quarter. OneAscent Financial Services LLC now owns 43,691 shares of the company’s stock valued at $1,907,000 after buying an additional 294 shares during the last quarter. Flagship Wealth Advisors LLC acquired a new stake in shares of Capital Group Dividend Value ETF during the 4th quarter valued at approximately $32,000. J.W. Cole Advisors Inc. lifted its stake in Capital Group Dividend Value ETF by 22.4% during the fourth quarter. J.W. Cole Advisors Inc. now owns 214,822 shares of the company’s stock worth $8,804,000 after purchasing an additional 39,361 shares during the last quarter. Convergence Financial LLC lifted its stake in Capital Group Dividend Value ETF by 10.7% during the fourth quarter. Convergence Financial LLC now owns 150,289 shares of the company’s stock worth $6,559,000 after purchasing an additional 14,468 shares during the last quarter. Finally, Vise Technologies Inc. bought a new position in Capital Group Dividend Value ETF during the fourth quarter worth $1,575,000.

Capital Group Dividend Value ETF Price Performance

Shares of CGDV opened at $47.88 on Friday. The business’s fifty day moving average price is $46.16 and its 200 day moving average price is $44.87. Capital Group Dividend Value ETF has a 12-month low of $37.98 and a 12-month high of $49.10. The stock has a market capitalization of $34.53 billion, a PE ratio of 26.59 and a beta of 0.89.

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.