Capital Group Conservative Equity ETF $CGCV Shares Sold by Harbour Investments Inc.

Harbour Investments Inc. reduced its position in Capital Group Conservative Equity ETF (NYSEARCA:CGCV) by 42.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,782 shares of the company’s stock after selling 8,102 shares during the period. Harbour Investments Inc.’s holdings in Capital Group Conservative Equity ETF were worth $308,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of CGCV. Jones Financial Companies Lllp acquired a new position in shares of Capital Group Conservative Equity ETF in the 1st quarter valued at about $47,420,000. Envestnet Asset Management Inc. lifted its position in Capital Group Conservative Equity ETF by 1,630.9% during the 1st quarter. Envestnet Asset Management Inc. now owns 342,520 shares of the company’s stock worth $9,287,000 after acquiring an additional 322,732 shares in the last quarter. LPL Financial LLC lifted its position in Capital Group Conservative Equity ETF by 299.6% during the 1st quarter. LPL Financial LLC now owns 386,835 shares of the company’s stock worth $10,489,000 after acquiring an additional 290,026 shares in the last quarter. Atria Wealth Solutions Inc. lifted its position in Capital Group Conservative Equity ETF by 912.7% during the 1st quarter. Atria Wealth Solutions Inc. now owns 238,165 shares of the company’s stock worth $6,482,000 after acquiring an additional 214,647 shares in the last quarter. Finally, Cetera Investment Advisers lifted its position in Capital Group Conservative Equity ETF by 1,287.7% during the 1st quarter. Cetera Investment Advisers now owns 155,245 shares of the company’s stock worth $4,209,000 after acquiring an additional 144,058 shares in the last quarter.

Capital Group Conservative Equity ETF Stock Performance

Capital Group Conservative Equity ETF stock opened at $30.29 on Wednesday. The stock’s 50 day moving average price is $29.79 and its 200 day moving average price is $28.43. The firm has a market capitalization of $981.40 million and a PE ratio of 23.69. Capital Group Conservative Equity ETF has a one year low of $23.93 and a one year high of $30.43.

Capital Group Conservative Equity ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, October 1st. Investors of record on Tuesday, September 30th were given a dividend of $0.0894 per share. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a $0.36 annualized dividend and a yield of 1.2%.

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.