14,390 Shares of American Conservative Values ETF $ACVF Bought by Simplicity Wealth LLC

Simplicity Wealth LLC acquired a new stake in American Conservative Values ETF (NYSEARCA:ACVF) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 14,390 shares of the company’s stock, valued at approximately $783,000. Simplicity Wealth LLC owned 0.51% of American Conservative Values ETF at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of ACVF. D.A. Davidson & CO. grew its stake in shares of American Conservative Values ETF by 3.7% in the 1st quarter. D.A. Davidson & CO. now owns 6,142 shares of the company’s stock valued at $292,000 after buying an additional 220 shares during the period. Ascentis Independent Advisors increased its holdings in shares of American Conservative Values ETF by 4.2% during the 1st quarter. Ascentis Independent Advisors now owns 6,588 shares of the company’s stock worth $314,000 after buying an additional 264 shares during the last quarter. McCollum Christoferson Group LLC increased its holdings in shares of American Conservative Values ETF by 3.9% during the 3rd quarter. McCollum Christoferson Group LLC now owns 10,455 shares of the company’s stock worth $569,000 after buying an additional 395 shares during the last quarter. Community Financial Services Group LLC acquired a new stake in shares of American Conservative Values ETF during the 3rd quarter worth approximately $31,000. Finally, Farther Finance Advisors LLC raised its position in shares of American Conservative Values ETF by 4.7% during the 3rd quarter. Farther Finance Advisors LLC now owns 19,688 shares of the company’s stock valued at $1,071,000 after buying an additional 880 shares during the period.

American Conservative Values ETF Stock Performance

ACVF stock opened at $55.56 on Thursday. American Conservative Values ETF has a one year low of $46.50 and a one year high of $56.90. The firm has a market cap of $155.57 million, a PE ratio of 25.85 and a beta of 0.95. The firm’s 50 day moving average price is $55.12 and its 200-day moving average price is $52.60.

American Conservative Values ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 24th. Shareholders of record on Wednesday, September 23rd were paid a dividend of $0.0557 per share. This represents a $0.22 annualized dividend and a yield of 0.4%. This is a negative change from American Conservative Values ETF’s previous quarterly dividend of $0.0673. The ex-dividend date of this dividend was Wednesday, September 23rd.

American Conservative Values ETF 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.