Johnson Bixby & Associates LLC Increases Stock Holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Johnson Bixby & Associates LLC lifted its holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 2.7% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,988,521 shares of the company’s stock after purchasing an additional 51,838 shares during the quarter. Capital Group Dividend Value ETF accounts for approximately 10.7% of Johnson Bixby & Associates LLC’s holdings, making the stock its 3rd largest position. Johnson Bixby & Associates LLC owned approximately 0.87% of Capital Group Dividend Value ETF worth $70,115,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of CGDV. LPL Financial LLC boosted its stake in shares of Capital Group Dividend Value ETF by 26.8% during the 3rd quarter. LPL Financial LLC now owns 16,169,046 shares of the company’s stock worth $589,200,000 after acquiring an additional 3,415,106 shares in the last quarter. Advance Capital Management Inc. boosted its position in shares of Capital Group Dividend Value ETF by 18.5% in the 3rd quarter. Advance Capital Management Inc. now owns 10,786,079 shares of the company’s stock valued at $393,045,000 after purchasing an additional 1,686,328 shares during the period. Commonwealth Equity Services LLC increased its stake in Capital Group Dividend Value ETF by 18.9% in the 3rd quarter. Commonwealth Equity Services LLC now owns 7,056,545 shares of the company’s stock worth $257,140,000 after purchasing an additional 1,121,465 shares in the last quarter. Raymond James & Associates raised its holdings in Capital Group Dividend Value ETF by 19.9% during the 3rd quarter. Raymond James & Associates now owns 6,654,717 shares of the company’s stock worth $242,498,000 after buying an additional 1,104,402 shares during the period. Finally, Summit Investment Advisory Services LLC purchased a new stake in Capital Group Dividend Value ETF during the third quarter valued at about $32,260,000.

Capital Group Dividend Value ETF Price Performance

Capital Group Dividend Value ETF stock opened at $36.60 on Friday. Capital Group Dividend Value ETF has a fifty-two week low of $29.85 and a fifty-two week high of $37.17. The firm’s 50 day simple moving average is $36.02 and its 200-day simple moving average is $35.65. The company has a market cap of $8.34 billion, a P/E ratio of 22.38 and a beta of 0.92.

Capital Group Dividend Value ETF Company 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.