Capital Group Conservative Equity ETF (NYSEARCA:CGCV) Short Interest Update

Capital Group Conservative Equity ETF (NYSEARCA:CGCV) was the target of a large decline in short interest in the month of September. As of September 15th, there was short interest totaling 156,153 shares, a decline of 38.0% from the August 31st total of 251,702 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 220,572 shares, the short-interest ratio is presently 0.7 days.

Institutional Trading of Capital Group Conservative Equity ETF

Several institutional investors have recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC grew its holdings in Capital Group Conservative Equity ETF by 26.5% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,613 shares of the company’s stock valued at $49,000 after buying an additional 338 shares in the last quarter. OneAscent Financial Services LLC lifted its holdings in shares of Capital Group Conservative Equity ETF by 9.6% during the fourth quarter. OneAscent Financial Services LLC now owns 9,505 shares of the company’s stock worth $290,000 after buying an additional 833 shares in the last quarter. Geneos Wealth Management Inc. boosted its position in shares of Capital Group Conservative Equity ETF by 106.6% in the first quarter. Geneos Wealth Management Inc. now owns 1,884 shares of the company’s stock valued at $56,000 after acquiring an additional 972 shares during the period. Simplicity Wealth LLC grew its stake in shares of Capital Group Conservative Equity ETF by 9.6% in the first quarter. Simplicity Wealth LLC now owns 11,441 shares of the company’s stock valued at $341,000 after acquiring an additional 1,005 shares in the last quarter. Finally, CGN Advisors LLC grew its stake in shares of Capital Group Conservative Equity ETF by 2.4% in the second quarter. CGN Advisors LLC now owns 45,135 shares of the company’s stock valued at $1,481,000 after acquiring an additional 1,049 shares in the last quarter.

Capital Group Conservative Equity ETF Price Performance

Capital Group Conservative Equity ETF stock traded down $0.05 during trading hours on Thursday, hitting $32.03. The company had a trading volume of 256,199 shares, compared to its average volume of 322,041. The firm has a 50-day moving average of $33.08 and a 200 day moving average of $32.14. The firm has a market cap of $2.02 billion, a PE ratio of 23.69 and a beta of 0.64. Capital Group Conservative Equity ETF has a one year low of $29.26 and a one year high of $33.97.

Capital Group Conservative Equity ETF Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Wednesday, September 30th will be paid a dividend of $0.1268 per share. This represents a $0.51 dividend on an annualized basis and a dividend yield of 1.6%. This is an increase from Capital Group Conservative Equity ETF’s previous quarterly dividend of $0.1187. The ex-dividend date is Wednesday, September 30th.

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.