Stephens Inc. AR Purchases 24,285 Shares of Capital Group Core Equity ETF $CGUS

Stephens Inc. AR increased its position in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) by 10.5% during the third quarter, HoldingsChannel.com reports. The fund owned 256,295 shares of the company’s stock after acquiring an additional 24,285 shares during the period. Stephens Inc. AR’s holdings in Capital Group Core Equity ETF were worth $10,134,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of CGUS. Pinnacle Bancorp Inc. grew its position in shares of Capital Group Core Equity ETF by 234.4% during the 3rd quarter. Pinnacle Bancorp Inc. now owns 642 shares of the company’s stock valued at $25,000 after purchasing an additional 450 shares in the last quarter. Fifth Third Bancorp bought a new stake in Capital Group Core Equity ETF during the second quarter valued at $40,000. Financial Perspectives Inc grew its position in Capital Group Core Equity ETF by 43.3% during the third quarter. Financial Perspectives Inc now owns 2,209 shares of the company’s stock worth $87,000 after buying an additional 668 shares in the last quarter. First PREMIER Bank bought a new position in Capital Group Core Equity ETF in the 2nd quarter worth about $83,000. Finally, Chilton Capital Management LLC raised its holdings in shares of Capital Group Core Equity ETF by 149.4% in the 2nd quarter. Chilton Capital Management LLC now owns 2,332 shares of the company’s stock valued at $86,000 after acquiring an additional 1,397 shares in the last quarter.

Capital Group Core Equity ETF Trading Down 0.6%

Shares of CGUS opened at $40.80 on Thursday. Capital Group Core Equity ETF has a 12-month low of $28.95 and a 12-month high of $41.21. The company has a market cap of $8.56 billion, a PE ratio of 26.31 and a beta of 0.92. The stock has a 50-day moving average price of $40.18 and a 200-day moving average price of $39.26.

Capital Group Core Equity ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, December 29th. Shareholders of record on Friday, December 26th were given a dividend of $0.1055 per share. The ex-dividend date was Friday, December 26th. This is a boost from Capital Group Core Equity ETF’s previous quarterly dividend of $0.09. This represents a $0.42 annualized dividend and a yield of 1.0%.

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.