Johnson Bixby & Associates LLC Has $70.12 Million Holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Johnson Bixby & Associates LLC lifted its stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 2.7% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 1,988,521 shares of the company’s stock after buying an additional 51,838 shares during the quarter. Capital Group Dividend Value ETF comprises about 10.7% of Johnson Bixby & Associates LLC’s portfolio, making the stock its 3rd largest holding. Johnson Bixby & Associates LLC’s holdings in Capital Group Dividend Value ETF were worth $70,115,000 as of its most recent filing with the SEC.

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

Capital Group Dividend Value ETF Price Performance

Shares of CGDV opened at $36.60 on Friday. The firm has a 50 day simple moving average of $36.02 and a two-hundred day simple moving average of $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 has a one year low of $29.85 and a one year high of $37.17.

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.