Kestra Advisory Services LLC Purchases 49,812 Shares of Capital Group Core Equity ETF $CGUS

Kestra Advisory Services LLC raised its position in Capital Group Core Equity ETF (NYSEARCA:CGUS) by 3.1% in the third quarter, HoldingsChannel reports. The fund owned 1,651,212 shares of the company’s stock after purchasing an additional 49,812 shares during the quarter. Kestra Advisory Services LLC’s holdings in Capital Group Core Equity ETF were worth $73,479,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of CGUS. MCF Advisors LLC acquired a new position in shares of Capital Group Core Equity ETF during the second quarter worth approximately $37,000. Provenance Wealth Advisors LLC bought a new position in shares of Capital Group Core Equity ETF in the third quarter valued at $50,000. CoreCap Advisors LLC lifted its stake in shares of Capital Group Core Equity ETF by 38.8% in the second quarter. CoreCap Advisors LLC now owns 1,530 shares of the company’s stock valued at $68,000 after buying an additional 428 shares in the last quarter. North Star Investment Management Corp. grew its holdings in shares of Capital Group Core Equity ETF by 400.0% during the third quarter. North Star Investment Management Corp. now owns 1,750 shares of the company’s stock valued at $78,000 after buying an additional 1,400 shares during the last quarter. Finally, Cora Capital Advisors LLC acquired a new position in shares of Capital Group Core Equity ETF during the third quarter valued at about $201,000.

Capital Group Core Equity ETF Price Performance

NYSEARCA:CGUS opened at $42.92 on Friday. The firm has a 50-day moving average of $44.74 and a 200-day moving average of $43.04. The company has a market cap of $11.79 billion, a PE ratio of 26.31 and a beta of 0.93. Capital Group Core Equity ETF has a one year low of $37.19 and a one year high of $46.80.

Capital Group Core Equity ETF Increases Dividend

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

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.