Johnson Bixby & Associates LLC Purchases 11,598 Shares of Capital Group Dividend Value ETF $CGDV

Johnson Bixby & Associates LLC boosted its position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 0.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,152,340 shares of the company’s stock after acquiring an additional 11,598 shares during the quarter. Capital Group Dividend Value ETF accounts for 11.5% of Johnson Bixby & Associates LLC’s holdings, making the stock its largest holding. Johnson Bixby & Associates LLC’s holdings in Capital Group Dividend Value ETF were worth $105,142,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Ballew Advisors Inc boosted its holdings in shares of Capital Group Dividend Value ETF by 1.5% in the 3rd quarter. Ballew Advisors Inc now owns 13,713 shares of the company’s stock valued at $675,000 after purchasing an additional 203 shares in the last quarter. Symphony Financial Ltd. Co. raised its stake in Capital Group Dividend Value ETF by 3.8% during the second quarter. Symphony Financial Ltd. Co. now owns 5,641 shares of the company’s stock worth $278,000 after acquiring an additional 204 shares in the last quarter. CoreCap Advisors LLC lifted its holdings in shares of Capital Group Dividend Value ETF by 19.5% in the second quarter. CoreCap Advisors LLC now owns 1,338 shares of the company’s stock worth $66,000 after acquiring an additional 218 shares during the last quarter. Berger Financial Group Inc lifted its holdings in shares of Capital Group Dividend Value ETF by 3.1% in the first quarter. Berger Financial Group Inc now owns 7,519 shares of the company’s stock worth $320,000 after acquiring an additional 224 shares during the last quarter. Finally, Warner Financial Inc. boosted its stake in shares of Capital Group Dividend Value ETF by 1.1% in the 2nd quarter. Warner Financial Inc. now owns 23,487 shares of the company’s stock valued at $1,157,000 after purchasing an additional 263 shares in the last quarter.

Capital Group Dividend Value ETF Trading Down 1.1%

Shares of Capital Group Dividend Value ETF stock opened at $49.14 on Thursday. The firm’s 50 day moving average is $49.84 and its 200 day moving average is $48.33. The firm has a market capitalization of $38.83 billion, a PE ratio of 26.59 and a beta of 0.88. Capital Group Dividend Value ETF has a 1 year low of $41.31 and a 1 year high of $51.63.

Capital Group Dividend Value ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, October 1st. Stockholders of record on Wednesday, September 30th were issued a dividend of $0.1522 per share. This represents a $0.61 annualized dividend and a dividend yield of 1.2%. This is a boost from Capital Group Dividend Value ETF’s previous quarterly dividend of $0.1471. The ex-dividend date was Wednesday, September 30th.

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.