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

by · The Markets Daily

Johnson Bixby & Associates LLC raised its holdings in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV – Free Report) by 1.9% during the first quarter, according to its most recent filing with the SEC. The firm owned 2,109,708 shares of the company’s stock after purchasing an additional 38,580 shares during the period. Capital Group Dividend Value ETF accounts for about 11.1% of Johnson Bixby & Associates LLC’s portfolio, making the stock its largest position. Johnson Bixby & Associates LLC owned 0.30% of Capital Group Dividend Value ETF worth $89,747,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the business. AQR Capital Management LLC bought a new position in shares of Capital Group Dividend Value ETF during the first quarter valued at approximately $236,000. Franklin Resources Inc. bought a new position in Capital Group Dividend Value ETF in the second quarter worth approximately $226,000. Russell Investments Group Ltd. raised its stake in Capital Group Dividend Value ETF by 24.9% in the second quarter. Russell Investments Group Ltd. now owns 4,638 shares of the company’s stock worth $183,000 after buying an additional 925 shares in the last quarter. Brown Advisory Inc. lifted its holdings in Capital Group Dividend Value ETF by 22.7% during the second quarter. Brown Advisory Inc. now owns 22,270 shares of the company’s stock worth $879,000 after buying an additional 4,118 shares during the period. Finally, Sei Investments Co. lifted its holdings in Capital Group Dividend Value ETF by 21.1% during the second quarter. Sei Investments Co. now owns 1,169,992 shares of the company’s stock worth $46,203,000 after buying an additional 203,772 shares during the period.

Capital Group Dividend Value ETF Stock Performance

Shares of NYSEARCA CGDV opened at $48.99 on Monday. The stock has a market capitalization of $35.33 billion, a PE ratio of 26.59 and a beta of 0.89. The stock’s fifty day simple moving average is $47.32 and its two-hundred day simple moving average is $45.28. Capital Group Dividend Value ETF has a 12-month low of $38.00 and a 12-month high of $49.43.

About Capital Group Dividend Value ETF

(Free Report)

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.

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