Capital Group Conservative Equity ETF (NYSEARCA:CGCV) Shares Shorted: Short Interest Down 38.0% in September

Capital Group Conservative Equity ETF (NYSEARCA:CGCV) was the recipient of a large decrease in short interest during the month of September. As of September 15th, there was short interest totaling 156,153 shares, a decrease of 38.0% from the August 31st total of 251,702 shares. Based on an average daily volume of 220,572 shares, the short-interest ratio is currently 0.7 days. Currently, 0.2% of the shares of the stock are sold short.

Institutional Investors Weigh In On Capital Group Conservative Equity ETF

A number of large investors have recently modified their holdings of the business. Capital International Investors lifted its stake in shares of Capital Group Conservative Equity ETF by 0.7% in the fourth quarter. Capital International Investors now owns 9,928,478 shares of the company’s stock worth $302,719,000 after buying an additional 70,955 shares in the last quarter. Capital Group Private Client Services Inc. grew its stake in Capital Group Conservative Equity ETF by 13.8% during the 4th quarter. Capital Group Private Client Services Inc. now owns 3,732,528 shares of the company’s stock valued at $113,805,000 after acquiring an additional 452,925 shares in the last quarter. DMKC Advisory Services LLC raised its holdings in Capital Group Conservative Equity ETF by 1,271.2% in the 2nd quarter. DMKC Advisory Services LLC now owns 951,600 shares of the company’s stock valued at $31,232,000 after acquiring an additional 882,200 shares during the last quarter. Cetera Investment Advisers lifted its stake in Capital Group Conservative Equity ETF by 12.6% in the 1st quarter. Cetera Investment Advisers now owns 892,128 shares of the company’s stock worth $26,594,000 after purchasing an additional 99,802 shares in the last quarter. Finally, Envision Financial Planning LLC lifted its stake in Capital Group Conservative Equity ETF by 4.1% in the 1st quarter. Envision Financial Planning LLC now owns 628,948 shares of the company’s stock worth $18,749,000 after purchasing an additional 24,819 shares in the last quarter.

Capital Group Conservative Equity ETF Stock Up 0.5%

Shares of Capital Group Conservative Equity ETF stock traded up $0.15 during mid-day trading on Friday, reaching $32.25. 231,734 shares of the stock traded hands, compared to its average volume of 322,723. The stock has a market capitalization of $2.04 billion, a PE ratio of 23.69 and a beta of 0.65. The business has a 50-day moving average of $33.06 and a 200 day moving average of $32.15. Capital Group Conservative Equity ETF has a fifty-two week low of $29.26 and a fifty-two week high of $33.97.

Capital Group Conservative Equity ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 1st. Shareholders of record on Wednesday, September 30th were issued a $0.1268 dividend. This represents a $0.51 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date was Wednesday, September 30th. This is an increase from Capital Group Conservative Equity ETF’s previous quarterly dividend of $0.1187.

Capital Group Conservative Equity ETF Company 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.