Baird Financial Group Inc. Acquires 41,840 Shares of Capital Group Core Equity ETF (NYSEARCA:CGUS)

Baird Financial Group Inc. grew its stake in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) by 4.4% during the fourth quarter, Holdings Channel reports. The institutional investor owned 996,771 shares of the company’s stock after purchasing an additional 41,840 shares during the quarter. Baird Financial Group Inc.’s holdings in Capital Group Core Equity ETF were worth $34,857,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. LPL Financial LLC boosted its holdings in Capital Group Core Equity ETF by 38.3% during the 4th quarter. LPL Financial LLC now owns 9,225,156 shares of the company’s stock valued at $322,604,000 after acquiring an additional 2,556,396 shares during the period. Envestnet Asset Management Inc. lifted its position in Capital Group Core Equity ETF by 17.4% in the fourth quarter. Envestnet Asset Management Inc. now owns 7,834,934 shares of the company’s stock valued at $273,988,000 after purchasing an additional 1,161,511 shares during the last quarter. Raymond James Financial Inc. bought a new stake in Capital Group Core Equity ETF in the fourth quarter valued at approximately $169,537,000. Capital Group Private Client Services Inc. boosted its stake in shares of Capital Group Core Equity ETF by 5.4% during the fourth quarter. Capital Group Private Client Services Inc. now owns 3,961,868 shares of the company’s stock valued at $138,547,000 after purchasing an additional 203,768 shares during the period. Finally, Commonwealth Equity Services LLC grew its holdings in shares of Capital Group Core Equity ETF by 17.2% in the fourth quarter. Commonwealth Equity Services LLC now owns 2,748,964 shares of the company’s stock worth $96,131,000 after purchasing an additional 403,749 shares during the last quarter.

Capital Group Core Equity ETF Stock Down 0.5 %

Shares of NYSEARCA CGUS opened at $33.60 on Tuesday. The company has a market cap of $5.06 billion, a price-to-earnings ratio of 24.08 and a beta of 0.93. The firm’s fifty day moving average is $32.95 and its 200 day moving average is $34.59. Capital Group Core Equity ETF has a 52 week low of $28.95 and a 52 week high of $36.75.

Capital Group Core Equity ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Tuesday, April 1st. Shareholders of record on Monday, March 31st were given a $0.0852 dividend. The ex-dividend date was Monday, March 31st.

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.