Bay Colony Advisory Group Inc d b a Bay Colony Advisors Makes New Investment in Capital Group Conservative Equity ETF (NYSEARCA:CGCV)

Bay Colony Advisory Group Inc d b a Bay Colony Advisors purchased a new position in shares of Capital Group Conservative Equity ETF (NYSEARCA:CGCV) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 61,638 shares of the company’s stock, valued at approximately $1,680,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Concourse Financial Group Securities Inc. bought a new position in Capital Group Conservative Equity ETF during the third quarter worth about $48,000. ST Germain D J Co. Inc. bought a new position in Capital Group Conservative Equity ETF during the third quarter worth about $79,000. Commonwealth Equity Services LLC bought a new position in Capital Group Conservative Equity ETF during the second quarter worth about $270,000. Financial Management Network Inc. acquired a new stake in shares of Capital Group Conservative Equity ETF during the third quarter worth approximately $490,000. Finally, Evernest Financial Advisors LLC acquired a new stake in shares of Capital Group Conservative Equity ETF during the third quarter worth approximately $2,497,000.

Capital Group Conservative Equity ETF Trading Up 0.3 %

Shares of NYSEARCA CGCV traded up $0.07 during mid-day trading on Monday, hitting $27.27. 353 shares of the stock were exchanged, compared to its average volume of 45,221. The firm’s fifty day moving average price is $26.96. Capital Group Conservative Equity ETF has a twelve month low of $24.82 and a twelve month high of $27.93.