Bleakley Financial Group LLC Reduces Stock Position in Capital Group Core Equity ETF $CGUS

Bleakley Financial Group LLC lessened its stake in Capital Group Core Equity ETF (NYSEARCA:CGUS) by 6.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 83,904 shares of the company’s stock after selling 5,815 shares during the quarter. Bleakley Financial Group LLC’s holdings in Capital Group Core Equity ETF were worth $3,099,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Freedom Investment Management Inc. grew its holdings in Capital Group Core Equity ETF by 3.1% in the 1st quarter. Freedom Investment Management Inc. now owns 11,612 shares of the company’s stock valued at $388,000 after buying an additional 345 shares in the last quarter. Comerica Bank boosted its position in shares of Capital Group Core Equity ETF by 4.0% during the 1st quarter. Comerica Bank now owns 11,769 shares of the company’s stock valued at $393,000 after acquiring an additional 456 shares during the last quarter. Ashton Thomas Securities LLC boosted its position in shares of Capital Group Core Equity ETF by 1.0% during the 1st quarter. Ashton Thomas Securities LLC now owns 51,710 shares of the company’s stock valued at $1,727,000 after acquiring an additional 500 shares during the last quarter. Titleist Asset Management LLC grew its holdings in shares of Capital Group Core Equity ETF by 7.8% in the first quarter. Titleist Asset Management LLC now owns 8,126 shares of the company’s stock valued at $271,000 after purchasing an additional 586 shares during the period. Finally, Signature Estate & Investment Advisors LLC increased its position in Capital Group Core Equity ETF by 0.9% during the second quarter. Signature Estate & Investment Advisors LLC now owns 70,874 shares of the company’s stock worth $2,617,000 after purchasing an additional 647 shares during the last quarter.

Capital Group Core Equity ETF Price Performance

Shares of CGUS stock opened at $39.86 on Friday. The company has a market capitalization of $7.56 billion, a PE ratio of 26.31 and a beta of 0.92. The firm’s 50-day moving average is $39.16 and its two-hundred day moving average is $36.71. Capital Group Core Equity ETF has a 12 month low of $28.95 and a 12 month high of $40.09.

Capital Group Core Equity ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, October 1st. Stockholders of record on Tuesday, September 30th were given a dividend of $0.0925 per share. 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 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.