Johnson Bixby & Associates LLC Grows Stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Johnson Bixby & Associates LLC increased its holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 5.4% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,936,683 shares of the company’s stock after buying an additional 99,379 shares during the quarter. Capital Group Dividend Value ETF comprises 10.8% of Johnson Bixby & Associates LLC’s portfolio, making the stock its 3rd largest holding. Johnson Bixby & Associates LLC owned about 0.85% of Capital Group Dividend Value ETF worth $70,573,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the business. Harbor Investment Advisory LLC boosted its holdings in shares of Capital Group Dividend Value ETF by 2.1% in the third quarter. Harbor Investment Advisory LLC now owns 14,600 shares of the company’s stock valued at $532,000 after acquiring an additional 300 shares in the last quarter. J.W. Cole Advisors Inc. increased its position in shares of Capital Group Dividend Value ETF by 4.6% during the 1st quarter. J.W. Cole Advisors Inc. now owns 8,403 shares of the company’s stock valued at $273,000 after purchasing an additional 367 shares during the period. Lantz Financial LLC increased its position in shares of Capital Group Dividend Value ETF by 0.9% during the 1st quarter. Lantz Financial LLC now owns 39,823 shares of the company’s stock valued at $1,294,000 after purchasing an additional 373 shares during the period. Lion Street Advisors LLC raised its stake in shares of Capital Group Dividend Value ETF by 4.2% in the 2nd quarter. Lion Street Advisors LLC now owns 9,575 shares of the company’s stock worth $316,000 after buying an additional 384 shares in the last quarter. Finally, International Assets Investment Management LLC lifted its holdings in shares of Capital Group Dividend Value ETF by 4.4% in the first quarter. International Assets Investment Management LLC now owns 9,423 shares of the company’s stock valued at $306,000 after buying an additional 400 shares during the period.

Capital Group Dividend Value ETF Trading Up 0.8 %

NYSEARCA:CGDV traded up $0.31 during mid-day trading on Friday, reaching $36.87. 1,408,945 shares of the stock were exchanged, compared to its average volume of 1,616,133. The business has a fifty day moving average price of $35.41 and a 200 day moving average price of $33.82. Capital Group Dividend Value ETF has a 1-year low of $25.47 and a 1-year high of $36.88. The firm has a market capitalization of $8.40 billion, a PE ratio of 22.38 and a beta of 0.92.

About Capital Group Dividend Value ETF

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.