Johnson Bixby & Associates LLC Increases Position in Capital Group Dividend Value ETF $CGDV

Johnson Bixby & Associates LLC increased its stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 3.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,071,128 shares of the company’s stock after buying an additional 62,875 shares during the quarter. Capital Group Dividend Value ETF comprises approximately 11.2% of Johnson Bixby & Associates LLC’s holdings, making the stock its 2nd largest position. Johnson Bixby & Associates LLC owned 0.32% of Capital Group Dividend Value ETF worth $90,384,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the stock. Lincoln Capital LLC lifted its stake in Capital Group Dividend Value ETF by 1.4% in the third quarter. Lincoln Capital LLC now owns 16,640 shares of the company’s stock valued at $705,000 after buying an additional 235 shares during the last quarter. Clark Capital Management Group Inc. grew its position in shares of Capital Group Dividend Value ETF by 2.4% during the third quarter. Clark Capital Management Group Inc. now owns 9,984 shares of the company’s stock worth $420,000 after acquiring an additional 238 shares during the last quarter. Cim LLC grew its position in shares of Capital Group Dividend Value ETF by 2.3% during the third quarter. Cim LLC now owns 11,280 shares of the company’s stock worth $474,000 after acquiring an additional 250 shares during the last quarter. GPS Wealth Strategies Group LLC increased its holdings in shares of Capital Group Dividend Value ETF by 2.0% in the 3rd quarter. GPS Wealth Strategies Group LLC now owns 13,083 shares of the company’s stock worth $550,000 after acquiring an additional 252 shares during the period. Finally, Ameriprise Financial Inc. increased its holdings in shares of Capital Group Dividend Value ETF by 1.7% in the 2nd quarter. Ameriprise Financial Inc. now owns 16,080 shares of the company’s stock worth $635,000 after acquiring an additional 263 shares during the period.

Capital Group Dividend Value ETF Price Performance

Shares of NYSEARCA:CGDV opened at $41.70 on Monday. The company’s 50-day moving average price is $44.57 and its 200 day moving average price is $43.54. The company has a market cap of $26.63 billion, a PE ratio of 26.59 and a beta of 0.89. Capital Group Dividend Value ETF has a fifty-two week low of $30.94 and a fifty-two week high of $46.01.

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.