Capital Group Conservative Equity ETF $CGCV Shares Bought by Integrated Wealth Concepts LLC

Integrated Wealth Concepts LLC raised its stake in Capital Group Conservative Equity ETF (NYSEARCA:CGCV) by 48.7% during the 2nd quarter, HoldingsChannel reports. The firm owned 63,562 shares of the company’s stock after acquiring an additional 20,826 shares during the period. Integrated Wealth Concepts LLC’s holdings in Capital Group Conservative Equity ETF were worth $2,086,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. EverSource Wealth Advisors LLC raised its stake in shares of Capital Group Conservative Equity ETF by 26.5% during the fourth quarter. EverSource Wealth Advisors LLC now owns 1,613 shares of the company’s stock worth $49,000 after purchasing an additional 338 shares during the last quarter. OneAscent Financial Services LLC grew its position in Capital Group Conservative Equity ETF by 9.6% in the 4th quarter. OneAscent Financial Services LLC now owns 9,505 shares of the company’s stock valued at $290,000 after buying an additional 833 shares during the last quarter. Geneos Wealth Management Inc. grew its position in Capital Group Conservative Equity ETF by 106.6% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,884 shares of the company’s stock valued at $56,000 after buying an additional 972 shares during the last quarter. Simplicity Wealth LLC increased its stake in Capital Group Conservative Equity ETF by 9.6% in the 1st quarter. Simplicity Wealth LLC now owns 11,441 shares of the company’s stock valued at $341,000 after buying an additional 1,005 shares during the period. Finally, CGN Advisors LLC increased its stake in Capital Group Conservative Equity ETF by 2.4% in the 2nd quarter. CGN Advisors LLC now owns 45,135 shares of the company’s stock valued at $1,481,000 after buying an additional 1,049 shares during the period.

Capital Group Conservative Equity ETF Stock Performance

Shares of Capital Group Conservative Equity ETF stock opened at $32.66 on Tuesday. The company has a market cap of $1.94 billion, a P/E ratio of 23.69 and a beta of 0.64. Capital Group Conservative Equity ETF has a one year low of $29.26 and a one year high of $33.97. The firm has a fifty day moving average of $33.19 and a two-hundred day moving average of $32.05.

Capital Group Conservative Equity ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, July 1st. Stockholders of record on Tuesday, June 30th were paid a dividend of $0.1187 per share. This represents a $0.47 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date was Tuesday, June 30th.

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.