RMG Wealth Management LLC Purchases New Shares in American Conservative Values ETF $ACVF

RMG Wealth Management LLC purchased a new stake in shares of American Conservative Values ETF (NYSEARCA:ACVF) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 1,762 shares of the company’s stock, valued at approximately $84,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Golden State Equity Partners purchased a new stake in American Conservative Values ETF in the second quarter worth $303,000. Empirical Financial Services LLC d.b.a. Empirical Wealth Management purchased a new stake in American Conservative Values ETF in the first quarter worth $310,000. Clear Creek Financial Management LLC increased its stake in American Conservative Values ETF by 8.2% in the first quarter. Clear Creek Financial Management LLC now owns 11,515 shares of the company’s stock worth $493,000 after purchasing an additional 874 shares during the period. Encompass More Asset Management increased its stake in American Conservative Values ETF by 20.0% in the first quarter. Encompass More Asset Management now owns 18,345 shares of the company’s stock worth $786,000 after purchasing an additional 3,056 shares during the period. Finally, AE Wealth Management LLC increased its stake in American Conservative Values ETF by 13.8% in the first quarter. AE Wealth Management LLC now owns 21,983 shares of the company’s stock worth $941,000 after purchasing an additional 2,672 shares during the period.

American Conservative Values ETF Stock Up 0.3%

ACVF stock opened at $49.70 on Tuesday. The business’s fifty day simple moving average is $48.53 and its two-hundred day simple moving average is $45.92. American Conservative Values ETF has a twelve month low of $37.49 and a twelve month high of $49.89. The firm has a market cap of $136.68 million, a price-to-earnings ratio of 25.85 and a beta of 0.97.

American Conservative Values ETF Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 25th. Shareholders of record on Wednesday, September 24th were paid a $0.0712 dividend. The ex-dividend date was Wednesday, September 24th. This represents a $0.28 dividend on an annualized basis and a yield of 0.6%.

American Conservative Values ETF Company Profile

The American Conservative Values ETF (ACVF) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund of large-cap US companies that are perceived to align with political conservative values. ACVF was launched on Oct 29, 2020 and is managed by ACV.