Capital Group Private Client Services Inc. Purchases 624,148 Shares of Capital Group Conservative Equity ETF (NYSEARCA:CGCV)

Capital Group Private Client Services Inc. boosted its position in shares of Capital Group Conservative Equity ETF (NYSEARCA:CGCV) by 96.0% during the 4th quarter, HoldingsChannel.com reports. The firm owned 1,274,293 shares of the company’s stock after purchasing an additional 624,148 shares during the period. Capital Group Private Client Services Inc.’s holdings in Capital Group Conservative Equity ETF were worth $33,820,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Envision Financial Planning LLC grew its holdings in shares of Capital Group Conservative Equity ETF by 94.7% during the fourth quarter. Envision Financial Planning LLC now owns 57,114 shares of the company’s stock valued at $1,516,000 after buying an additional 27,775 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in Capital Group Conservative Equity ETF during the 4th quarter valued at $20,948,000. Advisory Services Network LLC bought a new stake in shares of Capital Group Conservative Equity ETF in the 4th quarter worth $420,000. Envestnet Asset Management Inc. purchased a new position in shares of Capital Group Conservative Equity ETF in the fourth quarter worth $525,000. Finally, World Investment Advisors lifted its holdings in shares of Capital Group Conservative Equity ETF by 162.2% during the fourth quarter. World Investment Advisors now owns 19,885 shares of the company’s stock valued at $528,000 after purchasing an additional 12,300 shares in the last quarter.

Capital Group Conservative Equity ETF Price Performance

Capital Group Conservative Equity ETF stock opened at $25.59 on Friday. Capital Group Conservative Equity ETF has a one year low of $23.93 and a one year high of $28.28. The business’s fifty day moving average is $26.99 and its 200 day moving average is $27.17. The stock has a market capitalization of $261.53 million and a PE ratio of 23.49.

Capital Group Conservative Equity ETF Announces Dividend

The business also recently declared a dividend, which was paid on Tuesday, April 1st. Stockholders of record on Monday, March 31st were issued a dividend of $0.1007 per share. The ex-dividend date of this dividend was Monday, March 31st.

About Capital Group Conservative Equity ETF

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.