VestGen Investment Management Boosts Holdings in Capital Group Core Equity ETF $CGUS

VestGen Investment Management grew its holdings in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) by 1.8% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 15,678 shares of the company’s stock after acquiring an additional 276 shares during the quarter. VestGen Investment Management’s holdings in Capital Group Core Equity ETF were worth $579,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in CGUS. Golden State Wealth Management LLC purchased a new position in shares of Capital Group Core Equity ETF during the first quarter worth approximately $29,000. Chilton Capital Management LLC purchased a new position in shares of Capital Group Core Equity ETF during the first quarter worth approximately $31,000. Fifth Third Bancorp purchased a new position in shares of Capital Group Core Equity ETF during the second quarter worth approximately $40,000. First PREMIER Bank purchased a new position in shares of Capital Group Core Equity ETF during the second quarter worth approximately $83,000. Finally, Synergy Investment Management LLC raised its stake in shares of Capital Group Core Equity ETF by 101.0% during the first quarter. Synergy Investment Management LLC now owns 2,885 shares of the company’s stock worth $96,000 after acquiring an additional 1,450 shares in the last quarter.

Capital Group Core Equity ETF Stock Performance

CGUS stock opened at $40.14 on Friday. Capital Group Core Equity ETF has a one year low of $28.95 and a one year high of $40.25. The company’s 50 day moving average price is $39.19 and its two-hundred day moving average price is $36.82. The company has a market capitalization of $7.69 billion, a PE ratio of 26.31 and a beta of 0.92.

Capital Group Core Equity ETF Cuts Dividend

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

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.