Capital Group Core Equity ETF $CGUS Stock Holdings Cut by Kingswood Wealth Advisors LLC

Kingswood Wealth Advisors LLC lowered its position in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) by 2.1% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 62,571 shares of the company’s stock after selling 1,344 shares during the quarter. Kingswood Wealth Advisors LLC’s holdings in Capital Group Core Equity ETF were worth $2,311,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in CGUS. LPL Financial LLC boosted its position in shares of Capital Group Core Equity ETF by 60.8% during the 1st quarter. LPL Financial LLC now owns 14,836,962 shares of the company’s stock valued at $495,555,000 after purchasing an additional 5,611,806 shares in the last quarter. Jones Financial Companies Lllp boosted its stake in shares of Capital Group Core Equity ETF by 176.1% during the 1st quarter. Jones Financial Companies Lllp now owns 4,833,131 shares of the company’s stock worth $169,514,000 after acquiring an additional 3,082,374 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of Capital Group Core Equity ETF by 16.0% during the 1st quarter. Envestnet Asset Management Inc. now owns 9,089,025 shares of the company’s stock worth $303,573,000 after acquiring an additional 1,254,091 shares in the last quarter. Cetera Investment Advisers boosted its stake in shares of Capital Group Core Equity ETF by 25.4% during the 1st quarter. Cetera Investment Advisers now owns 3,843,349 shares of the company’s stock worth $128,368,000 after acquiring an additional 779,618 shares in the last quarter. Finally, Commonwealth Equity Services LLC boosted its stake in shares of Capital Group Core Equity ETF by 15.8% during the 1st quarter. Commonwealth Equity Services LLC now owns 3,183,195 shares of the company’s stock worth $106,319,000 after acquiring an additional 434,231 shares in the last quarter.

Capital Group Core Equity ETF Stock Down 0.4%

NYSEARCA:CGUS opened at $39.80 on Wednesday. The stock has a fifty day simple moving average of $38.82 and a 200 day simple moving average of $36.19. The firm has a market capitalization of $7.50 billion, a price-to-earnings ratio of 26.31 and a beta of 0.92. Capital Group Core Equity ETF has a 1-year low of $28.95 and a 1-year high of $40.01.

Capital Group Core Equity ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, October 1st. Shareholders of record on Tuesday, September 30th were issued a $0.0925 dividend. This represents a $0.37 annualized dividend and a dividend yield of 0.9%. The ex-dividend date was Tuesday, September 30th.

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.