Capital Group Conservative Equity ETF $CGCV Shares Acquired by Regatta Capital Group LLC

Regatta Capital Group LLC increased its position in Capital Group Conservative Equity ETF (NYSEARCA:CGCV) by 43.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 93,651 shares of the company’s stock after buying an additional 28,373 shares during the quarter. Regatta Capital Group LLC owned about 0.29% of Capital Group Conservative Equity ETF worth $2,820,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in CGCV. D.A. Davidson & CO. increased its stake in Capital Group Conservative Equity ETF by 55.0% during the second quarter. D.A. Davidson & CO. now owns 17,875 shares of the company’s stock worth $511,000 after acquiring an additional 6,340 shares during the last quarter. Cullen Frost Bankers Inc. grew its holdings in shares of Capital Group Conservative Equity ETF by 30.2% during the 2nd quarter. Cullen Frost Bankers Inc. now owns 14,442 shares of the company’s stock worth $413,000 after purchasing an additional 3,348 shares during the period. CWS Financial Advisors LLC increased its position in Capital Group Conservative Equity ETF by 14.8% during the 2nd quarter. CWS Financial Advisors LLC now owns 48,080 shares of the company’s stock worth $1,375,000 after purchasing an additional 6,214 shares in the last quarter. Baird Financial Group Inc. raised its holdings in Capital Group Conservative Equity ETF by 18.2% in the second quarter. Baird Financial Group Inc. now owns 160,234 shares of the company’s stock valued at $4,583,000 after buying an additional 24,705 shares during the period. Finally, Valmark Advisers Inc. raised its holdings in Capital Group Conservative Equity ETF by 255.3% in the second quarter. Valmark Advisers Inc. now owns 62,417 shares of the company’s stock valued at $1,785,000 after buying an additional 44,850 shares during the period.

Capital Group Conservative Equity ETF Stock Down 0.4%

Shares of CGCV stock opened at $30.77 on Monday. Capital Group Conservative Equity ETF has a fifty-two week low of $23.93 and a fifty-two week high of $30.92. The firm’s 50 day moving average price is $30.32 and its two-hundred day moving average price is $29.66. The stock 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 Increases Dividend

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

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.