Northwestern Mutual Wealth Management Co. Increases Holdings in Capital Group Conservative Equity ETF $CGCV

Northwestern Mutual Wealth Management Co. lifted its position in Capital Group Conservative Equity ETF (NYSEARCA:CGCV) by 502.1% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,079,169 shares of the company’s stock after purchasing an additional 899,949 shares during the period. Northwestern Mutual Wealth Management Co. owned 2.39% of Capital Group Conservative Equity ETF worth $32,904,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the company. Kingsview Wealth Management LLC purchased a new stake in shares of Capital Group Conservative Equity ETF in the fourth quarter valued at approximately $1,082,000. Harbour Investments Inc. boosted its holdings in shares of Capital Group Conservative Equity ETF by 38.0% in the fourth quarter. Harbour Investments Inc. now owns 50,153 shares of the company’s stock valued at $1,529,000 after purchasing an additional 13,820 shares during the period. Clearstead Trust LLC purchased a new stake in shares of Capital Group Conservative Equity ETF in the fourth quarter valued at approximately $9,333,000. EverSource Wealth Advisors LLC boosted its holdings in shares of Capital Group Conservative Equity ETF by 26.5% in the fourth quarter. EverSource Wealth Advisors LLC now owns 1,613 shares of the company’s stock valued at $49,000 after purchasing an additional 338 shares during the period. Finally, Global Retirement Partners LLC boosted its holdings in shares of Capital Group Conservative Equity ETF by 21.4% in the fourth quarter. Global Retirement Partners LLC now owns 8,456 shares of the company’s stock valued at $258,000 after purchasing an additional 1,493 shares during the period.

Capital Group Conservative Equity ETF Stock Down 0.1%

Capital Group Conservative Equity ETF stock opened at $32.20 on Friday. The business has a fifty day moving average of $31.02 and a two-hundred day moving average of $30.92. The firm has a market cap of $1.68 billion, a P/E ratio of 23.69 and a beta of 0.69. Capital Group Conservative Equity ETF has a twelve month low of $27.40 and a twelve month high of $32.31.

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.