Capital Group Conservative Equity ETF $CGCV Shares Bought by Lodestone Wealth Management LLC

Lodestone Wealth Management LLC lifted its stake in shares of Capital Group Conservative Equity ETF (NYSEARCA:CGCV) by 29.6% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,546 shares of the company’s stock after acquiring an additional 2,864 shares during the period. Lodestone Wealth Management LLC owned 0.08% of Capital Group Conservative Equity ETF worth $359,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of CGCV. Private Advisor Group LLC acquired a new position in Capital Group Conservative Equity ETF during the first quarter worth approximately $1,135,000. IFP Advisors Inc acquired a new position in shares of Capital Group Conservative Equity ETF in the 1st quarter valued at $25,000. Cetera Investment Advisers grew its stake in shares of 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 valued at $4,209,000 after buying an additional 144,058 shares during the period. LPL Financial LLC increased its holdings in shares of 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 buying an additional 290,026 shares during the last quarter. Finally, Financial Management Network Inc. increased its holdings in shares of Capital Group Conservative Equity ETF by 132.8% during the 1st quarter. Financial Management Network Inc. now owns 69,838 shares of the company’s stock worth $1,724,000 after buying an additional 39,836 shares during the last quarter.

Capital Group Conservative Equity ETF Trading Up 0.1%

Shares of Capital Group Conservative Equity ETF stock opened at $29.82 on Thursday. Capital Group Conservative Equity ETF has a twelve month low of $23.93 and a twelve month high of $30.80. The stock has a market capitalization of $1.02 billion, a P/E ratio of 23.69 and a beta of 0.72. The business’s fifty day moving average price is $30.10 and its 200 day moving average price is $29.08.

Capital Group Conservative Equity ETF Cuts Dividend

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

Capital Group Conservative Equity ETF 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.