Capital Group Dividend Value ETF $CGDV Shares Acquired by Johnson Bixby & Associates LLC

Johnson Bixby & Associates LLC increased its holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 3.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor 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 11.2% of Johnson Bixby & Associates LLC’s portfolio, making the stock its 2nd largest holding. Johnson Bixby & Associates LLC’s holdings in Capital Group Dividend Value ETF were worth $90,384,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the business. Raymond James Financial Inc. boosted its position in Capital Group Dividend Value ETF by 14.3% during the 3rd quarter. Raymond James Financial Inc. now owns 22,125,677 shares of the company’s stock worth $929,942,000 after acquiring an additional 2,772,053 shares during the period. Envestnet Asset Management Inc. increased its holdings in shares of Capital Group Dividend Value ETF by 4.0% during the third quarter. Envestnet Asset Management Inc. now owns 17,388,906 shares of the company’s stock valued at $730,856,000 after purchasing an additional 668,214 shares during the period. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Capital Group Dividend Value ETF by 8.9% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 16,693,552 shares of the company’s stock valued at $701,630,000 after purchasing an additional 1,365,491 shares during the period. Bank of America Corp DE raised its stake in shares of Capital Group Dividend Value ETF by 20.4% during the third quarter. Bank of America Corp DE now owns 15,868,443 shares of the company’s stock valued at $666,951,000 after purchasing an additional 2,688,496 shares in the last quarter. Finally, Commonwealth Equity Services LLC raised its stake in shares of Capital Group Dividend Value ETF by 11.1% during the third quarter. Commonwealth Equity Services LLC now owns 10,957,728 shares of the company’s stock valued at $460,553,000 after purchasing an additional 1,093,062 shares in the last quarter.

Capital Group Dividend Value ETF Price Performance

CGDV stock opened at $41.70 on Monday. The company has a 50-day simple moving average of $44.57 and a 200 day simple moving average of $43.54. The company has a market capitalization of $26.63 billion, a P/E 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.

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