Capital Group Dividend Value ETF (NYSEARCA:CGDV) Shares Bought by Johnson Bixby & Associates LLC

Johnson Bixby & Associates LLC boosted its position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 9.8% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,351,948 shares of the company’s stock after purchasing an additional 120,184 shares during the quarter. Capital Group Dividend Value ETF accounts for about 7.6% of Johnson Bixby & Associates LLC’s investment portfolio, making the stock its 3rd biggest holding. Johnson Bixby & Associates LLC owned about 1.35% of Capital Group Dividend Value ETF worth $40,342,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the company. Raymond James Financial Services Advisors Inc. grew its holdings in Capital Group Dividend Value ETF by 23.5% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 7,283,139 shares of the company’s stock valued at $217,329,000 after purchasing an additional 1,385,299 shares during the period. LPL Financial LLC lifted its stake in Capital Group Dividend Value ETF by 20.6% in the third quarter. LPL Financial LLC now owns 6,795,375 shares of the company’s stock valued at $179,874,000 after buying an additional 1,161,371 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in Capital Group Dividend Value ETF by 143.1% in the third quarter. Envestnet Asset Management Inc. now owns 5,507,402 shares of the company’s stock valued at $145,781,000 after buying an additional 3,242,240 shares in the last quarter. Raymond James & Associates lifted its stake in Capital Group Dividend Value ETF by 12.8% in the fourth quarter. Raymond James & Associates now owns 4,124,429 shares of the company’s stock valued at $123,073,000 after buying an additional 468,938 shares in the last quarter. Finally, Commonwealth Equity Services LLC lifted its stake in Capital Group Dividend Value ETF by 11.9% in the third quarter. Commonwealth Equity Services LLC now owns 3,263,980 shares of the company’s stock valued at $86,398,000 after buying an additional 346,540 shares in the last quarter.

Capital Group Dividend Value ETF Price Performance

CGDV traded up $0.40 during trading on Wednesday, reaching $32.58. The company had a trading volume of 1,290,063 shares, compared to its average volume of 1,401,739. Capital Group Dividend Value ETF has a 12 month low of $24.22 and a 12 month high of $32.60. The business’s fifty day moving average price is $30.94 and its 200 day moving average price is $28.89. The company has a market cap of $3.26 billion, a P/E ratio of 17.83 and a beta of 0.91.

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.