Capital Group Dividend Value ETF $CGDV is Johnson Bixby & Associates LLC’s 3rd Largest Position

Johnson Bixby & Associates LLC grew its holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 1.5% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 2,140,742 shares of the company’s stock after acquiring an additional 31,034 shares during the period. Capital Group Dividend Value ETF comprises approximately 11.8% of Johnson Bixby & Associates LLC’s portfolio, making the stock its 3rd biggest holding. Johnson Bixby & Associates LLC’s holdings in Capital Group Dividend Value ETF were worth $105,496,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in CGDV. Richards Merrill & Peterson Inc. boosted its stake in shares of Capital Group Dividend Value ETF by 72.6% during the 1st quarter. Richards Merrill & Peterson Inc. now owns 59,315 shares of the company’s stock valued at $2,523,000 after buying an additional 24,945 shares during the last quarter. Merit Financial Group LLC increased its stake in shares of Capital Group Dividend Value ETF by 3.8% in the fourth quarter. Merit Financial Group LLC now owns 1,754,850 shares of the company’s stock worth $76,582,000 after buying an additional 64,689 shares during the last quarter. MSH Capital Advisors LLC increased its stake in shares of Capital Group Dividend Value ETF by 66.1% in the fourth quarter. MSH Capital Advisors LLC now owns 35,900 shares of the company’s stock worth $1,567,000 after buying an additional 14,293 shares during the last quarter. Summit Investment Advisory Services LLC raised its holdings in Capital Group Dividend Value ETF by 3.5% in the fourth quarter. Summit Investment Advisory Services LLC now owns 1,005,641 shares of the company’s stock valued at $43,886,000 after acquiring an additional 34,309 shares in the last quarter. Finally, UBS Group AG raised its holdings in Capital Group Dividend Value ETF by 11.5% in the fourth quarter. UBS Group AG now owns 9,227,491 shares of the company’s stock valued at $402,688,000 after acquiring an additional 953,559 shares in the last quarter.

Capital Group Dividend Value ETF Price Performance

NYSEARCA CGDV opened at $51.25 on Thursday. The company has a market capitalization of $38.87 billion, a price-to-earnings ratio of 26.59 and a beta of 0.88. Capital Group Dividend Value ETF has a 12 month low of $40.64 and a 12 month high of $51.49. The company’s fifty day moving average price is $49.18 and its two-hundred day moving average price is $46.74.

Capital Group Dividend Value ETF 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.