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

Johnson Bixby & Associates LLC raised its stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 1.5% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund 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 makes up 11.8% of Johnson Bixby & Associates LLC’s portfolio, making the stock its 3rd largest holding. Johnson Bixby & Associates LLC owned approximately 0.29% of Capital Group Dividend Value ETF worth $105,496,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of the stock. LPL Financial LLC boosted its holdings in shares of Capital Group Dividend Value ETF by 20.7% during the 4th quarter. LPL Financial LLC now owns 63,490,640 shares of the company’s stock valued at $2,770,731,000 after purchasing an additional 10,904,954 shares during the last quarter. Raymond James Financial Inc. increased its holdings in shares of Capital Group Dividend Value ETF by 6.6% in the fourth quarter. Raymond James Financial Inc. now owns 23,591,243 shares of the company’s stock worth $1,029,522,000 after purchasing an additional 1,465,566 shares during the last quarter. Capital International Investors lifted its position in shares of Capital Group Dividend Value ETF by 1.8% in the fourth quarter. Capital International Investors now owns 22,899,119 shares of the company’s stock worth $999,318,000 after buying an additional 397,762 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in shares of Capital Group Dividend Value ETF by 12.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 18,754,937 shares of the company’s stock worth $818,465,000 after buying an additional 2,061,385 shares in the last quarter. Finally, Cetera Investment Advisers boosted its stake in Capital Group Dividend Value ETF by 12.0% during the first quarter. Cetera Investment Advisers now owns 18,359,294 shares of the company’s stock valued at $781,004,000 after buying an additional 1,959,868 shares during the last quarter.

Capital Group Dividend Value ETF Price Performance

NYSEARCA CGDV opened at $51.25 on Thursday. The stock has a market capitalization of $38.87 billion, a PE ratio of 26.59 and a beta of 0.88. The business has a 50 day simple moving average of $49.18 and a two-hundred day simple moving average of $46.74. Capital Group Dividend Value ETF has a 1-year low of $40.64 and a 1-year high of $51.49.

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.