Cornerstone Planning Group LLC Makes New $544,000 Investment in Principal U.S. Mega-Cap ETF $USMC

Posted by Stuart Ham on May 2nd, 2026

Cornerstone Planning Group LLC purchased a new position in shares of Principal U.S. Mega-Cap ETF (NASDAQ:USMC – Free Report) in the fourth quarter, HoldingsChannel reports. The institutional investor purchased 8,015 shares of the company’s stock, valued at approximately $544,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Grey Fox Wealth Advisors LLC bought a new position in Principal U.S. Mega-Cap ETF during the third quarter worth about $75,000. Flagship Harbor Advisors LLC bought a new position in Principal U.S. Mega-Cap ETF during the fourth quarter worth about $147,000. Assetmark Inc. lifted its stake in Principal U.S. Mega-Cap ETF by 18.7% during the fourth quarter. Assetmark Inc. now owns 3,164 shares of the company’s stock worth $217,000 after purchasing an additional 499 shares during the period. FLP Wealth Management LLC bought a new position in Principal U.S. Mega-Cap ETF during the third quarter worth about $229,000. Finally, Virtu Financial LLC bought a new position in Principal U.S. Mega-Cap ETF during the third quarter worth about $255,000.

Principal U.S. Mega-Cap ETF Stock Up 0.2%

Shares of USMC opened at $70.55 on Friday. Principal U.S. Mega-Cap ETF has a 12 month low of $56.99 and a 12 month high of $71.11. The company has a 50-day moving average price of $66.73 and a two-hundred day moving average price of $67.68. The stock has a market cap of $3.18 billion, a price-to-earnings ratio of 27.59 and a beta of 0.95.

Principal U.S. Mega-Cap ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, April 6th. Stockholders of record on Wednesday, April 1st were paid a $0.1463 dividend. This represents a $0.59 dividend on an annualized basis and a dividend yield of 0.8%. This is an increase from Principal U.S. Mega-Cap ETF’s previous quarterly dividend of $0.14. The ex-dividend date was Wednesday, April 1st.

Principal U.S. Mega-Cap ETF Profile

(Free Report)

The Principal U.S. Mega-Cap ETF (USMC) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed to offer exposure to the largest of the US large-cap segment. The fund uses a proprietary, quantitative model to construct the portfolio. USMC was launched on Oct 12, 2017 and is managed by Principal.