Capital Group Core Equity ETF $CGUS Stock Acquired by MSH Capital Advisors LLC

MSH Capital Advisors LLC lifted its holdings in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) by 91.1% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 25,297 shares of the company’s stock after buying an additional 12,062 shares during the period. MSH Capital Advisors LLC’s holdings in Capital Group Core Equity ETF were worth $1,126,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in CGUS. Valmark Advisers Inc. grew its stake in shares of Capital Group Core Equity ETF by 4.9% in the 3rd quarter. Valmark Advisers Inc. now owns 1,436,326 shares of the company’s stock valued at $63,917,000 after purchasing an additional 66,505 shares during the last quarter. Allworth Financial LP increased its holdings in shares of Capital Group Core Equity ETF by 2.2% in the third quarter. Allworth Financial LP now owns 18,248 shares of the company’s stock valued at $812,000 after purchasing an additional 400 shares during the period. Fisher Asset Management LLC acquired a new position in shares of Capital Group Core Equity ETF in the third quarter valued at approximately $289,000. Endeavor Private Wealth Inc. raised its stake in shares of Capital Group Core Equity ETF by 5.4% during the third quarter. Endeavor Private Wealth Inc. now owns 95,411 shares of the company’s stock worth $4,254,000 after purchasing an additional 4,887 shares during the last quarter. Finally, Silver Grove Financial Group Inc. raised its stake in shares of Capital Group Core Equity ETF by 95.4% during the third quarter. Silver Grove Financial Group Inc. now owns 9,968 shares of the company’s stock worth $444,000 after purchasing an additional 4,866 shares during the last quarter.

Capital Group Core Equity ETF Trading Down 0.5%

Shares of Capital Group Core Equity ETF stock traded down $0.21 during trading hours on Friday, hitting $44.14. 922,961 shares of the company were exchanged, compared to its average volume of 1,113,078. The business has a 50-day moving average of $44.62 and a 200-day moving average of $43.14. Capital Group Core Equity ETF has a 1 year low of $37.19 and a 1 year high of $46.80. The stock has a market capitalization of $12.20 billion, a price-to-earnings ratio of 24.79 and a beta of 0.93.

Capital Group Core Equity ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 1st. Shareholders of record on Wednesday, September 30th were paid a $0.0901 dividend. The ex-dividend date of this dividend was Wednesday, September 30th. This represents a $0.36 annualized dividend and a yield of 0.8%. This is an increase 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.