Capital Group Core Equity ETF $CGUS Stock Holdings Increased by Truist Financial Corp

Truist Financial Corp boosted its position in Capital Group Core Equity ETF (NYSEARCA:CGUS) by 21.9% in the third quarter, HoldingsChannel.com reports. The firm owned 227,476 shares of the company’s stock after purchasing an additional 40,843 shares during the quarter. Truist Financial Corp’s holdings in Capital Group Core Equity ETF were worth $8,994,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Pinnacle Bancorp Inc. increased its position in shares of Capital Group Core Equity ETF by 234.4% in the third quarter. Pinnacle Bancorp Inc. now owns 642 shares of the company’s stock worth $25,000 after acquiring an additional 450 shares in the last quarter. Chilton Capital Management LLC raised its stake in shares of Capital Group Core Equity ETF by 149.4% in the 2nd quarter. Chilton Capital Management LLC now owns 2,332 shares of the company’s stock valued at $86,000 after acquiring an additional 1,397 shares in the last quarter. Financial Perspectives Inc raised its holdings in Capital Group Core Equity ETF by 43.3% in the 3rd quarter. Financial Perspectives Inc now owns 2,209 shares of the company’s stock worth $87,000 after acquiring an additional 668 shares during the period. IAG Wealth Partners LLC increased its position in Capital Group Core Equity ETF by 14.9% in the 2nd quarter. IAG Wealth Partners LLC now owns 2,505 shares of the company’s stock worth $93,000 after buying an additional 325 shares during the period. Finally, Mather Group LLC. acquired a new position in shares of Capital Group Core Equity ETF during the third quarter valued at about $103,000.

Capital Group Core Equity ETF Stock Down 0.6%

NYSEARCA CGUS opened at $40.95 on Monday. The company’s 50-day simple moving average is $40.51 and its 200 day simple moving average is $39.58. Capital Group Core Equity ETF has a twelve month low of $28.95 and a twelve month high of $41.38. The stock has a market cap of $9.14 billion, a P/E ratio of 26.31 and a beta of 0.92.

Capital Group Core Equity ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, December 29th. Stockholders of record on Friday, December 26th were paid a $0.1055 dividend. This is an increase from Capital Group Core Equity ETF’s previous quarterly dividend of $0.09. The ex-dividend date of this dividend was Friday, December 26th. This represents a $0.42 dividend on an annualized basis and a dividend yield of 1.0%.

Capital Group Core Equity ETF 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.