Hartmann Taylor Wealth Management LLC Raises Holdings in Capital Group Conservative Equity ETF $CGCV

Hartmann Taylor Wealth Management LLC lifted its holdings in shares of Capital Group Conservative Equity ETF (NYSEARCA:CGCV) by 89.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 57,161 shares of the company’s stock after purchasing an additional 26,961 shares during the quarter. Capital Group Conservative Equity ETF accounts for approximately 1.2% of Hartmann Taylor Wealth Management LLC’s portfolio, making the stock its 24th largest position. Hartmann Taylor Wealth Management LLC’s holdings in Capital Group Conservative Equity ETF were worth $1,721,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in CGCV. Confluence Wealth Services Inc. lifted its position in Capital Group Conservative Equity ETF by 3.5% during the second quarter. Confluence Wealth Services Inc. now owns 14,811 shares of the company’s stock valued at $424,000 after buying an additional 494 shares during the period. Main Line Retirement Advisors LLC increased its stake in Capital Group Conservative Equity ETF by 3.5% during the third quarter. Main Line Retirement Advisors LLC now owns 15,984 shares of the company’s stock worth $481,000 after acquiring an additional 545 shares during the last quarter. M.E. Allison & CO. Inc. raised its position in Capital Group Conservative Equity ETF by 7.2% during the third quarter. M.E. Allison & CO. Inc. now owns 11,170 shares of the company’s stock valued at $336,000 after purchasing an additional 750 shares during the period. Geneos Wealth Management Inc. purchased a new position in Capital Group Conservative Equity ETF during the 1st quarter valued at about $31,000. Finally, Ameriflex Group Inc. grew its position in shares of Capital Group Conservative Equity ETF by 116.9% in the 2nd quarter. Ameriflex Group Inc. now owns 2,377 shares of the company’s stock worth $68,000 after buying an additional 1,281 shares during the last quarter.

Capital Group Conservative Equity ETF Stock Performance

Shares of CGCV opened at $30.67 on Wednesday. Capital Group Conservative Equity ETF has a fifty-two week low of $23.93 and a fifty-two week high of $30.92. The company has a market capitalization of $1.05 billion, a P/E ratio of 23.69 and a beta of 0.72. The business’s 50-day moving average is $30.34 and its two-hundred day moving average is $29.70.

Capital Group Conservative Equity ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 29th. Shareholders of record on Friday, December 26th were paid a dividend of $0.1383 per share. The ex-dividend date of this dividend was Friday, December 26th. This represents a $0.55 annualized dividend and a yield of 1.8%. This is a boost from Capital Group Conservative Equity ETF’s previous quarterly dividend of $0.09.

About Capital Group Conservative Equity ETF

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.