Capital Group Core Equity ETF $CGUS Stake Raised by M.E. Allison & CO. Inc.

M.E. Allison & CO. Inc. grew its holdings in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) by 3.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 55,598 shares of the company’s stock after buying an additional 1,631 shares during the period. Capital Group Core Equity ETF accounts for about 1.6% of M.E. Allison & CO. Inc.’s investment portfolio, making the stock its 12th biggest holding. M.E. Allison & CO. Inc.’s holdings in Capital Group Core Equity ETF were worth $2,053,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the stock. Freedom Investment Management Inc. increased its stake in shares of Capital Group Core Equity ETF by 3.1% during the first quarter. Freedom Investment Management Inc. now owns 11,612 shares of the company’s stock valued at $388,000 after acquiring an additional 345 shares during the period. Kingswood Wealth Advisors LLC increased its stake in shares of Capital Group Core Equity ETF by 0.7% during the first quarter. Kingswood Wealth Advisors LLC now owns 63,915 shares of the company’s stock valued at $2,135,000 after acquiring an additional 449 shares during the period. Comerica Bank increased its stake in shares of Capital Group Core Equity ETF by 4.0% during the first quarter. Comerica Bank now owns 11,769 shares of the company’s stock valued at $393,000 after acquiring an additional 456 shares during the period. Ashton Thomas Securities LLC increased its stake in shares of Capital Group Core Equity ETF by 1.0% during the first quarter. Ashton Thomas Securities LLC now owns 51,710 shares of the company’s stock valued at $1,727,000 after acquiring an additional 500 shares during the period. Finally, Titleist Asset Management LLC increased its stake in shares of Capital Group Core Equity ETF by 7.8% during the first quarter. Titleist Asset Management LLC now owns 8,126 shares of the company’s stock valued at $271,000 after acquiring an additional 586 shares during the period.

Capital Group Core Equity ETF Price Performance

NYSEARCA CGUS opened at $38.81 on Monday. Capital Group Core Equity ETF has a 12 month low of $28.95 and a 12 month high of $40.09. The firm has a market capitalization of $7.33 billion, a PE ratio of 26.31 and a beta of 0.92. The company’s 50 day simple moving average is $38.92 and its 200 day simple moving average is $36.32.

Capital Group Core Equity ETF Cuts Dividend

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

Capital Group Core Equity ETF Company Profile

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.