Captrust Financial Advisors Raises Stock Holdings in Capital Group Conservative Equity ETF (NYSEARCA:CGCV)

Captrust Financial Advisors increased its stake in shares of Capital Group Conservative Equity ETF (NYSEARCA:CGCV) by 142.7% in the fourth quarter, HoldingsChannel reports. The firm owned 20,626 shares of the company’s stock after buying an additional 12,126 shares during the period. Captrust Financial Advisors’ holdings in Capital Group Conservative Equity ETF were worth $547,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in CGCV. Raymond James Financial Inc. purchased a new stake in shares of Capital Group Conservative Equity ETF during the 4th quarter worth $20,948,000. Capital Group Private Client Services Inc. lifted its stake in shares of Capital Group Conservative Equity ETF by 96.0% during the 4th quarter. Capital Group Private Client Services Inc. now owns 1,274,293 shares of the company’s stock worth $33,820,000 after purchasing an additional 624,148 shares during the last quarter. Main Line Retirement Advisors LLC purchased a new stake in shares of Capital Group Conservative Equity ETF during the 4th quarter worth $13,476,000. LPL Financial LLC purchased a new stake in shares of Capital Group Conservative Equity ETF during the 4th quarter worth $2,569,000. Finally, Midwest Heritage Bank FSB purchased a new stake in shares of Capital Group Conservative Equity ETF during the 4th quarter worth $1,440,000.

Capital Group Conservative Equity ETF Price Performance

Shares of NYSEARCA CGCV opened at $27.62 on Monday. The stock has a market capitalization of $314.87 million and a P/E ratio of 22.61. Capital Group Conservative Equity ETF has a 1-year low of $23.93 and a 1-year high of $28.28. The business has a fifty day moving average price of $26.48 and a 200 day moving average price of $27.06.

Capital Group Conservative Equity ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Tuesday, April 1st. Shareholders of record on Monday, March 31st were paid a $0.1007 dividend. The ex-dividend date was Monday, March 31st.

Capital Group Conservative Equity ETF Company Profile

The Capital Group Conservative Equity ETF (CGCV) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, seeking total returns through investments in North American companies. CGCV was launched on Jun 25, 2024 and is issued by Capital Group.