Capital Group Conservative Equity ETF $CGCV Position Boosted by Regatta Capital Group LLC

Regatta Capital Group LLC boosted its position in Capital Group Conservative Equity ETF (NYSEARCA:CGCV) by 43.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 93,651 shares of the company’s stock after buying an additional 28,373 shares during the quarter. Regatta Capital Group LLC’s holdings in Capital Group Conservative Equity ETF were worth $2,820,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Jones Financial Companies Lllp bought a new position in Capital Group Conservative Equity ETF during the 1st quarter worth approximately $47,420,000. Raymond James Financial Inc. raised its position in shares of Capital Group Conservative Equity ETF by 67.0% during the 2nd quarter. Raymond James Financial Inc. now owns 1,397,337 shares of the company’s stock valued at $39,964,000 after acquiring an additional 560,814 shares in the last quarter. Tribridge Partners Financial LLC acquired a new stake in shares of Capital Group Conservative Equity ETF during the 2nd quarter valued at approximately $15,536,000. Envestnet Asset Management Inc. lifted its stake in Capital Group Conservative Equity ETF by 65.6% during the second quarter. Envestnet Asset Management Inc. now owns 567,200 shares of the company’s stock worth $16,222,000 after purchasing an additional 224,680 shares during the last quarter. Finally, Baird Financial Group Inc. boosted its holdings in Capital Group Conservative Equity ETF by 1,255.3% in the first quarter. Baird Financial Group Inc. now owns 135,529 shares of the company’s stock worth $3,675,000 after purchasing an additional 125,529 shares during the period.

Capital Group Conservative Equity ETF Price Performance

CGCV stock opened at $30.77 on Monday. The firm has a market cap of $1.06 billion, a price-to-earnings ratio of 23.69 and a beta of 0.72. Capital Group Conservative Equity ETF has a 1-year low of $23.93 and a 1-year high of $30.92. The firm has a fifty day moving average price of $30.32 and a two-hundred day moving average price of $29.66.

Capital Group Conservative Equity ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 29th. Investors of record on Friday, December 26th will be paid a dividend of $0.1383 per share. This represents a $0.55 annualized dividend and a yield of 1.8%. This is a positive change from Capital Group Conservative Equity ETF’s previous quarterly dividend of $0.09. The ex-dividend date is Friday, December 26th.

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.