Capital Group Core Equity ETF $CGUS Shares Acquired by M.E. Allison & CO. Inc.

M.E. Allison & CO. Inc. increased its stake in Capital Group Core Equity ETF (NYSEARCA:CGUS) by 27.7% in the third quarter, Holdings Channel reports. The institutional investor owned 71,000 shares of the company’s stock after acquiring an additional 15,402 shares during the quarter. Capital Group Core Equity ETF accounts for about 2.0% of M.E. Allison & CO. Inc.’s portfolio, making the stock its 10th largest position. M.E. Allison & CO. Inc.’s holdings in Capital Group Core Equity ETF were worth $2,807,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the stock. Lynch & Associates IN grew its holdings in Capital Group Core Equity ETF by 5.9% during the 3rd quarter. Lynch & Associates IN now owns 34,278 shares of the company’s stock worth $1,355,000 after acquiring an additional 1,918 shares in the last quarter. Venture Visionary Partners LLC grew its stake in Capital Group Core Equity ETF by 41.5% in the third quarter. Venture Visionary Partners LLC now owns 39,196 shares of the company’s stock worth $1,550,000 after purchasing an additional 11,499 shares in the last quarter. Hobart Private Capital LLC grew its stake in Capital Group Core Equity ETF by 28.7% in the third quarter. Hobart Private Capital LLC now owns 18,389 shares of the company’s stock worth $727,000 after purchasing an additional 4,096 shares in the last quarter. NWF Advisory Services Inc. increased its holdings in Capital Group Core Equity ETF by 90.6% in the second quarter. NWF Advisory Services Inc. now owns 12,802 shares of the company’s stock valued at $473,000 after buying an additional 6,085 shares during the last quarter. Finally, Osaic Holdings Inc. grew its position in shares of Capital Group Core Equity ETF by 16.4% in the 2nd quarter. Osaic Holdings Inc. now owns 1,757,275 shares of the company’s stock worth $64,400,000 after acquiring an additional 247,785 shares in the last quarter.

Capital Group Core Equity ETF Trading Down 1.1%

Shares of NYSEARCA CGUS opened at $39.44 on Thursday. The company has a market capitalization of $7.61 billion, a price-to-earnings ratio of 26.31 and a beta of 0.92. The business has a 50 day simple moving average of $39.87 and a 200-day simple moving average of $38.61. Capital Group Core Equity ETF has a twelve month low of $28.95 and a twelve month high of $40.80.

Capital Group Core Equity ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, October 1st. Investors of record on Tuesday, September 30th were paid a dividend of $0.0925 per share. The ex-dividend date was Tuesday, September 30th. This represents a $0.37 annualized dividend and a yield of 0.9%.

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.