FinDec Wealth Services Inc. Sells 16,313 Shares of Capital Group Core Equity ETF $CGUS

FinDec Wealth Services Inc. decreased its position in Capital Group Core Equity ETF (NYSEARCA:CGUS) by 67.8% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 7,739 shares of the company’s stock after selling 16,313 shares during the quarter. Capital Group Core Equity ETF makes up 0.3% of FinDec Wealth Services Inc.’s investment portfolio, making the stock its 28th largest position. FinDec Wealth Services Inc.’s holdings in Capital Group Core Equity ETF were worth $286,000 at the end of the most recent quarter.

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

Capital Group Core Equity ETF Trading Down 2.7%

CGUS stock opened at $38.81 on Friday. The firm’s 50-day moving average price is $38.92 and its two-hundred day moving average price is $36.29. Capital Group Core Equity ETF has a 12-month low of $28.95 and a 12-month high of $40.09. The stock has a market capitalization of $7.32 billion, a price-to-earnings ratio of 26.31 and a beta of 0.92.

Capital Group Core Equity ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, October 1st. Investors of record on Tuesday, September 30th were given a dividend of $0.0925 per share. The ex-dividend date was Tuesday, September 30th. This represents a $0.37 annualized dividend and a dividend yield of 1.0%.

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.