American Conservative Values ETF (NYSEARCA:ACVF) Shares Purchased by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC raised its position in American Conservative Values ETF (NYSEARCA:ACVF) by 6.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 40,288 shares of the company’s stock after purchasing an additional 2,595 shares during the period. Commonwealth Equity Services LLC owned about 1.85% of American Conservative Values ETF worth $1,761,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Great Waters Wealth Management purchased a new position in shares of American Conservative Values ETF during the fourth quarter valued at approximately $260,000. Raymond James Financial Inc. purchased a new position in shares of American Conservative Values ETF during the 4th quarter worth $352,000. Integrated Wealth Concepts LLC purchased a new position in shares of American Conservative Values ETF during the 3rd quarter worth $451,000. Private Advisor Group LLC boosted its holdings in shares of American Conservative Values ETF by 59.8% during the fourth quarter. Private Advisor Group LLC now owns 12,338 shares of the company’s stock worth $539,000 after purchasing an additional 4,618 shares during the last quarter. Finally, Encompass More Asset Management purchased a new stake in shares of American Conservative Values ETF in the fourth quarter valued at $668,000.

American Conservative Values ETF Trading Down 1.5 %

NYSEARCA ACVF opened at $42.52 on Friday. The business’s 50-day moving average price is $44.44 and its 200 day moving average price is $44.38. American Conservative Values ETF has a twelve month low of $37.81 and a twelve month high of $46.10. The company has a market capitalization of $116.08 million, a PE ratio of 24.74 and a beta of 0.98.

American Conservative Values ETF Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, March 27th. Investors of record on Wednesday, March 26th were given a $0.0705 dividend. The ex-dividend date was Wednesday, March 26th. This is a boost from American Conservative Values ETF’s previous dividend of $0.07.

American Conservative Values ETF Company 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.