Canandaigua National Trust Co of Florida Buys 45,908 Shares of Capital Group Conservative Equity ETF $CGCV

Canandaigua National Trust Co of Florida purchased a new position in Capital Group Conservative Equity ETF (NYSEARCA:CGCV) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 45,908 shares of the company’s stock, valued at approximately $1,473,000. Capital Group Conservative Equity ETF makes up 0.8% of Canandaigua National Trust Co of Florida’s holdings, making the stock its 26th largest holding. Canandaigua National Trust Co of Florida owned 0.07% of Capital Group Conservative Equity ETF as of its most recent SEC filing.

Several other large investors have also made changes to their positions in CGCV. Private Client Services LLC boosted its stake in shares of Capital Group Conservative Equity ETF by 5.5% in the third quarter. Private Client Services LLC now owns 45,388 shares of the company’s stock worth $1,456,000 after acquiring an additional 2,371 shares during the period. Envestnet Portfolio Solutions Inc. raised its stake in Capital Group Conservative Equity ETF by 21.0% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 36,883 shares of the company’s stock valued at $1,211,000 after purchasing an additional 6,397 shares during the period. Capital Analysts LLC lifted its holdings in Capital Group Conservative Equity ETF by 34.8% in the 2nd quarter. Capital Analysts LLC now owns 19,789 shares of the company’s stock worth $649,000 after purchasing an additional 5,108 shares in the last quarter. Integrated Wealth Concepts LLC boosted its stake in Capital Group Conservative Equity ETF by 48.7% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 63,562 shares of the company’s stock worth $2,086,000 after purchasing an additional 20,826 shares during the period. Finally, NewEdge Advisors LLC boosted its stake in Capital Group Conservative Equity ETF by 62.0% in the 2nd quarter. NewEdge Advisors LLC now owns 24,457 shares of the company’s stock worth $803,000 after purchasing an additional 9,361 shares during the period.

Capital Group Conservative Equity ETF Stock Performance

CGCV traded down $0.13 during trading on Wednesday, reaching $32.64. 689,871 shares of the company traded hands, compared to its average volume of 325,062. The company has a market cap of $2.07 billion, a P/E ratio of 23.69 and a beta of 0.65. Capital Group Conservative Equity ETF has a 12-month low of $29.26 and a 12-month high of $33.97. The firm has a fifty day simple moving average of $33.02 and a 200 day simple moving average of $32.21.

Capital Group Conservative Equity ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, October 1st. Shareholders of record on Wednesday, September 30th were issued a $0.1268 dividend. The ex-dividend date was Wednesday, September 30th. This represents a $0.51 dividend on an annualized basis and a yield of 1.6%. 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.