VestGen Advisors LLC cut its holdings in Capital Group Core Equity ETF (NYSEARCA:CGUS – Free Report) by 45.8% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 15,923 shares of the company’s stock after selling 13,444 shares during the quarter. VestGen Advisors LLC’s holdings in Capital Group Core Equity ETF were worth $709,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Cetera Investment Advisers boosted its stake in shares of 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 purchasing an additional 373,840 shares in the last quarter. Royal Bank of Canada increased its position in Capital Group Core Equity ETF by 11.2% during the 1st quarter. Royal Bank of Canada now owns 2,510,189 shares of the company’s stock worth $96,442,000 after purchasing an additional 251,825 shares in the last quarter. Sei Investments Co. increased its position in Capital Group Core Equity ETF by 16.8% during the 1st quarter. Sei Investments Co. now owns 2,346,850 shares of the company’s stock worth $90,166,000 after purchasing an additional 336,992 shares in the last quarter. Baird Financial Group Inc. increased its position in Capital Group Core Equity ETF by 4.9% during the 2nd quarter. Baird Financial Group Inc. now owns 1,343,454 shares of the company’s stock worth $59,757,000 after purchasing an additional 62,260 shares in the last quarter. Finally, NewEdge Advisors LLC lifted its stake in Capital Group Core Equity ETF by 5.4% in the 2nd quarter. NewEdge Advisors LLC now owns 1,196,622 shares of the company’s stock valued at $53,226,000 after purchasing an additional 61,215 shares during the last quarter.
Capital Group Core Equity ETF Price Performance
Shares of Capital Group Core Equity ETF stock opened at $44.13 on Friday. Capital Group Core Equity ETF has a fifty-two week low of $37.19 and a fifty-two week high of $46.80. The firm has a market capitalization of $12.11 billion, a P/E ratio of 26.31 and a beta of 0.93. The company’s 50 day moving average price is $44.83 and its two-hundred day moving average price is $42.98.
Capital Group Core Equity ETF Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 1st. Investors of record on Wednesday, September 30th were issued a dividend of $0.0901 per share. This is a positive change from Capital Group Core Equity ETF’s previous quarterly dividend of $0.0833. The ex-dividend date of this dividend was Wednesday, September 30th. This represents a $0.36 annualized dividend and a dividend yield of 0.8%.
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.
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