NewEdge Advisors LLC Has $31.81 Million Position in Capital Group Core Equity ETF (NYSEARCA:CGUS)

NewEdge Advisors LLC boosted its holdings in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) by 17.4% in the fourth quarter, Holdings Channel reports. The firm owned 909,513 shares of the company’s stock after purchasing an additional 135,049 shares during the quarter. NewEdge Advisors LLC’s holdings in Capital Group Core Equity ETF were worth $31,806,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in CGUS. Hazlett Burt & Watson Inc. lifted its holdings in shares of Capital Group Core Equity ETF by 48.1% during the fourth quarter. Hazlett Burt & Watson Inc. now owns 1,000 shares of the company’s stock valued at $34,000 after acquiring an additional 325 shares during the period. Stonebridge Financial Group LLC bought a new position in Capital Group Core Equity ETF during the 4th quarter valued at about $41,000. Synergy Investment Management LLC acquired a new position in Capital Group Core Equity ETF in the fourth quarter valued at about $50,000. Geneos Wealth Management Inc. boosted its position in Capital Group Core Equity ETF by 111.0% in the fourth quarter. Geneos Wealth Management Inc. now owns 2,173 shares of the company’s stock valued at $76,000 after buying an additional 1,143 shares in the last quarter. Finally, Larson Financial Group LLC grew its stake in Capital Group Core Equity ETF by 21.1% during the fourth quarter. Larson Financial Group LLC now owns 2,465 shares of the company’s stock worth $86,000 after buying an additional 430 shares during the last quarter.

Capital Group Core Equity ETF Trading Down 0.4 %

NYSEARCA:CGUS opened at $32.04 on Wednesday. The stock has a market capitalization of $4.67 billion, a P/E ratio of 25.72 and a beta of 0.93. Capital Group Core Equity ETF has a 1 year low of $28.95 and a 1 year high of $36.75. The firm has a 50 day moving average of $33.98 and a 200-day moving average of $34.80.

Capital Group Core Equity ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, April 1st. Shareholders of record on Monday, March 31st were given a $0.0852 dividend. The ex-dividend date was Monday, March 31st.

About Capital Group Core Equity ETF

The Capital Group Core Equity ETF (CGUS) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to invest in companies believed to have the potential for appreciation and\u002For dividends. CGUS was launched on Feb 22, 2022 and is managed by Capital Group.