Simplicity Wealth LLC Boosts Holdings in Capital Group Core Equity ETF $CGUS

Simplicity Wealth LLC boosted its holdings in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) by 124.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 26,662 shares of the company’s stock after acquiring an additional 14,788 shares during the period. Simplicity Wealth LLC’s holdings in Capital Group Core Equity ETF were worth $985,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Golden State Wealth Management LLC purchased a new position in shares of Capital Group Core Equity ETF during the 1st quarter worth approximately $29,000. Chilton Capital Management LLC purchased a new position in Capital Group Core Equity ETF during the first quarter worth $31,000. Fifth Third Bancorp purchased a new position in Capital Group Core Equity ETF during the second quarter worth $40,000. IAG Wealth Partners LLC raised its holdings in shares of Capital Group Core Equity ETF by 514.1% in the first quarter. IAG Wealth Partners LLC now owns 2,180 shares of the company’s stock worth $73,000 after acquiring an additional 1,825 shares during the last quarter. Finally, First PREMIER Bank purchased a new stake in shares of Capital Group Core Equity ETF in the second quarter valued at $83,000.

Capital Group Core Equity ETF Stock Up 0.3%

CGUS opened at $39.94 on Tuesday. The firm has a market cap of $7.52 billion, a P/E ratio of 26.31 and a beta of 0.92. The business’s fifty day simple moving average is $38.79 and its 200 day simple moving average is $36.17. Capital Group Core Equity ETF has a 52 week low of $28.95 and a 52 week high of $40.01.

Capital Group Core Equity ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, October 1st. Stockholders of record on Tuesday, September 30th were issued a dividend of $0.0925 per share. The ex-dividend date was Tuesday, September 30th. This represents a $0.37 dividend on an annualized basis and a dividend 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.