Stratos Wealth Partners LTD. Raises Position in Capital Group Core Equity ETF $CGUS

Stratos Wealth Partners LTD. grew its position in Capital Group Core Equity ETF (NYSEARCA:CGUS) by 51.3% during the 2nd quarter, Holdings Channel reports. The fund owned 29,374 shares of the company’s stock after buying an additional 9,960 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in Capital Group Core Equity ETF were worth $1,085,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Golden State Wealth Management LLC purchased a new stake in shares of Capital Group Core Equity ETF in the first quarter valued at about $29,000. Chilton Capital Management LLC purchased a new stake in shares of Capital Group Core Equity ETF in the first quarter valued at about $31,000. Fifth Third Bancorp purchased a new stake in shares of Capital Group Core Equity ETF in the second quarter valued at about $40,000. First PREMIER Bank acquired a new stake in shares of Capital Group Core Equity ETF in the second quarter valued at about $83,000. Finally, Synergy Investment Management LLC lifted its stake in shares of Capital Group Core Equity ETF by 101.0% in the first quarter. Synergy Investment Management LLC now owns 2,885 shares of the company’s stock valued at $96,000 after purchasing an additional 1,450 shares during the period.

Capital Group Core Equity ETF Stock Up 0.2%

Shares of NYSEARCA CGUS opened at $39.64 on Wednesday. Capital Group Core Equity ETF has a 52 week low of $28.95 and a 52 week high of $40.09. The firm has a 50-day moving average price of $39.11 and a 200 day moving average price of $36.62. The stock has a market capitalization of $7.52 billion, a price-to-earnings ratio of 26.31 and a beta of 0.92.

Capital Group Core Equity ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, October 1st. Investors of record on Tuesday, September 30th were paid a $0.0925 dividend. The ex-dividend date was Tuesday, September 30th. This represents a $0.37 annualized dividend and a dividend yield of 0.9%.

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.