Johnson Bixby & Associates LLC Increases Stake in Capital Group Dividend Value ETF $CGDV

Johnson Bixby & Associates LLC grew its position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 2.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,968,586 shares of the company’s stock after acquiring an additional 46,774 shares during the period. Capital Group Dividend Value ETF comprises 10.7% of Johnson Bixby & Associates LLC’s portfolio, making the stock its 3rd largest position. Johnson Bixby & Associates LLC owned 0.41% of Capital Group Dividend Value ETF worth $77,739,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the company. Ameriprise Financial Inc. purchased a new stake in Capital Group Dividend Value ETF in the 4th quarter worth approximately $870,000. Summit Global Investments raised its holdings in shares of Capital Group Dividend Value ETF by 12.0% during the first quarter. Summit Global Investments now owns 22,154 shares of the company’s stock valued at $790,000 after acquiring an additional 2,377 shares in the last quarter. Rothschild Investment LLC lifted its stake in Capital Group Dividend Value ETF by 20.4% in the first quarter. Rothschild Investment LLC now owns 129,584 shares of the company’s stock worth $4,618,000 after acquiring an additional 21,987 shares during the period. Lantz Financial LLC boosted its holdings in Capital Group Dividend Value ETF by 2.9% in the first quarter. Lantz Financial LLC now owns 42,139 shares of the company’s stock valued at $1,502,000 after acquiring an additional 1,206 shares in the last quarter. Finally, Kaizen Financial Strategies boosted its holdings in Capital Group Dividend Value ETF by 121.4% in the first quarter. Kaizen Financial Strategies now owns 234,686 shares of the company’s stock valued at $8,364,000 after acquiring an additional 128,672 shares in the last quarter.

Capital Group Dividend Value ETF Trading Up 0.6%

Shares of NYSEARCA CGDV opened at $41.84 on Friday. The firm has a fifty day simple moving average of $41.27 and a two-hundred day simple moving average of $38.32. Capital Group Dividend Value ETF has a 12 month low of $30.94 and a 12 month high of $42.32. The firm has a market capitalization of $20.53 billion, a PE ratio of 26.59 and a beta of 0.91.

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.