Capital Group Conservative Equity ETF $CGCV Shares Purchased by Assetmark Inc.

Assetmark Inc. increased its holdings in Capital Group Conservative Equity ETF (NYSEARCA:CGCV) by 10,936.4% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 55,182 shares of the company’s stock after acquiring an additional 54,682 shares during the period. Assetmark Inc. owned approximately 0.16% of Capital Group Conservative Equity ETF worth $1,662,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. boosted its holdings in Capital Group Conservative Equity ETF by 178.8% in the third quarter. Envestnet Asset Management Inc. now owns 1,581,240 shares of the company’s stock valued at $47,611,000 after purchasing an additional 1,014,040 shares during the period. Raymond James Financial Inc. increased its holdings in shares of Capital Group Conservative Equity ETF by 67.0% in the 2nd quarter. Raymond James Financial Inc. now owns 1,397,337 shares of the company’s stock valued at $39,964,000 after purchasing an additional 560,814 shares in the last quarter. Tribridge Partners Financial LLC boosted its stake in shares of Capital Group Conservative Equity ETF by 27.7% during the 3rd quarter. Tribridge Partners Financial LLC now owns 693,964 shares of the company’s stock worth $20,958,000 after acquiring an additional 150,739 shares in the last quarter. Commonwealth Equity Services LLC increased its position in shares of Capital Group Conservative Equity ETF by 25.3% in the third quarter. Commonwealth Equity Services LLC now owns 487,599 shares of the company’s stock valued at $14,682,000 after buying an additional 98,589 shares in the last quarter. Finally, ST Germain D J Co. Inc. lifted its stake in Capital Group Conservative Equity ETF by 6.4% in the 3rd quarter. ST Germain D J Co. Inc. now owns 383,707 shares of the company’s stock valued at $11,553,000 after buying an additional 23,092 shares in the last quarter.

Capital Group Conservative Equity ETF Trading Down 0.2%

Shares of CGCV stock opened at $31.63 on Friday. The company has a market capitalization of $1.43 billion, a price-to-earnings ratio of 23.69 and a beta of 0.72. Capital Group Conservative Equity ETF has a twelve month low of $23.93 and a twelve month high of $31.95. The firm has a 50-day moving average price of $31.02 and a 200 day moving average price of $30.30.

Capital Group Conservative Equity ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 29th. Shareholders of record on Friday, December 26th were given a dividend of $0.1383 per share. This represents a $0.55 dividend on an annualized basis and a yield of 1.7%. This is a positive change from Capital Group Conservative Equity ETF’s previous quarterly dividend of $0.09. The ex-dividend date of this dividend was Friday, December 26th.

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.