Capital Group Core Equity ETF $CGUS Shares Acquired by IFP Advisors Inc

IFP Advisors Inc boosted its holdings in Capital Group Core Equity ETF (NYSEARCA:CGUS) by 3.8% in the 2nd quarter, Holdings Channel reports. The firm owned 439,025 shares of the company’s stock after purchasing an additional 16,207 shares during the period. IFP Advisors Inc’s holdings in Capital Group Core Equity ETF were worth $19,528,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently bought and sold shares of the business. LPL Financial LLC increased its holdings in shares of Capital Group Core Equity ETF by 19.2% in the fourth quarter. LPL Financial LLC now owns 23,734,177 shares of the company’s stock valued at $954,826,000 after purchasing an additional 3,824,999 shares during the period. Raymond James Financial Inc. grew its position in Capital Group Core Equity ETF by 4.0% in the 4th quarter. Raymond James Financial Inc. now owns 7,308,251 shares of the company’s stock valued at $294,011,000 after buying an additional 279,570 shares during the last quarter. Morgan Stanley grew its position in Capital Group Core Equity ETF by 9.7% in the 4th quarter. Morgan Stanley now owns 6,715,499 shares of the company’s stock valued at $270,165,000 after buying an additional 592,642 shares during the last quarter. Cetera Investment Advisers increased its stake in Capital Group Core Equity ETF by 6.3% in the 1st quarter. Cetera Investment Advisers now owns 6,314,257 shares of the company’s stock valued at $242,594,000 after buying an additional 373,840 shares during the period. Finally, Capital International Investors increased its stake in Capital Group Core Equity ETF by 1.1% in the 4th quarter. Capital International Investors now owns 6,046,805 shares of the company’s stock valued at $243,263,000 after buying an additional 68,441 shares during the period.

Capital Group Core Equity ETF Stock Performance

CGUS stock opened at $44.99 on Wednesday. Capital Group Core Equity ETF has a one year low of $37.19 and a one year high of $46.80. The stock has a market capitalization of $11.53 billion, a PE ratio of 26.31 and a beta of 0.93. The company has a fifty day moving average of $44.92 and a 200-day moving average of $42.90.

Capital Group Core Equity ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 1st. Investors of record on Tuesday, June 30th were given a $0.0833 dividend. The ex-dividend date was Tuesday, June 30th. This represents a $0.33 dividend on an annualized basis and a yield of 0.7%.

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.