Capital Group Core Equity ETF $CGUS Stake Decreased by Midwest Heritage Bank FSB

Midwest Heritage Bank FSB cut its stake in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) by 1.8% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,061,799 shares of the company’s stock after selling 19,717 shares during the period. Capital Group Core Equity ETF makes up 13.8% of Midwest Heritage Bank FSB’s holdings, making the stock its 2nd biggest holding. Midwest Heritage Bank FSB’s holdings in Capital Group Core Equity ETF were worth $47,250,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also made changes to their positions in CGUS. MCF Advisors LLC purchased a new position in shares of Capital Group Core Equity ETF during the second quarter worth $37,000. CoreCap Advisors LLC lifted its stake in Capital Group Core Equity ETF by 38.8% during the second quarter. CoreCap Advisors LLC now owns 1,530 shares of the company’s stock worth $68,000 after purchasing an additional 428 shares during the last quarter. Bayban purchased a new stake in Capital Group Core Equity ETF during the first quarter worth approximately $61,000. Tenet Wealth Partners LLC purchased a new stake in Capital Group Core Equity ETF during the third quarter worth approximately $205,000. Finally, Gradient Investments LLC acquired a new position in Capital Group Core Equity ETF in the third quarter valued at approximately $212,000.

Capital Group Core Equity ETF Stock Up 0.6%

Shares of CGUS opened at $44.33 on Tuesday. The company has a market capitalization of $12.10 billion, a price-to-earnings ratio of 26.31 and a beta of 0.93. Capital Group Core Equity ETF has a 52-week low of $37.19 and a 52-week high of $46.80. The stock has a 50 day moving average price of $44.89 and a 200 day moving average price of $42.90.

Capital Group Core Equity ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 1st. Stockholders of record on Wednesday, September 30th were given a dividend of $0.0901 per share. The ex-dividend date was Wednesday, September 30th. This represents a $0.36 annualized dividend and a dividend yield of 0.8%. This is a boost from Capital Group Core Equity ETF’s previous quarterly dividend of $0.0833.

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.