Capital Group Core Equity ETF $CGUS is Investment Planning Advisors Inc.’s 9th Largest Position

Investment Planning Advisors Inc. decreased its stake in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) by 56.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 344,826 shares of the company’s stock after selling 443,185 shares during the period. Capital Group Core Equity ETF comprises 4.3% of Investment Planning Advisors Inc.’s portfolio, making the stock its 9th largest holding. Investment Planning Advisors Inc.’s holdings in Capital Group Core Equity ETF were worth $13,634,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in CGUS. Fifth Third Bancorp bought a new position in shares of Capital Group Core Equity ETF during the 2nd quarter valued at $40,000. First PREMIER Bank bought a new stake in shares of Capital Group Core Equity ETF in the second quarter worth $83,000. Chilton Capital Management LLC grew its holdings in shares of Capital Group Core Equity ETF by 149.4% in the second quarter. Chilton Capital Management LLC now owns 2,332 shares of the company’s stock worth $86,000 after acquiring an additional 1,397 shares during the period. IAG Wealth Partners LLC increased its position in Capital Group Core Equity ETF by 14.9% during the second quarter. IAG Wealth Partners LLC now owns 2,505 shares of the company’s stock valued at $93,000 after acquiring an additional 325 shares during the last quarter. Finally, Mather Group LLC. bought a new position in Capital Group Core Equity ETF in the third quarter valued at about $103,000.

Capital Group Core Equity ETF Stock Performance

Shares of NYSEARCA:CGUS opened at $40.23 on Friday. The stock’s 50-day simple moving average is $40.08 and its two-hundred day simple moving average is $38.95. The stock has a market capitalization of $7.76 billion, a price-to-earnings ratio of 26.31 and a beta of 0.92. Capital Group Core Equity ETF has a 52-week low of $28.95 and a 52-week high of $40.80.

Capital Group Core Equity ETF Increases Dividend

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

Capital Group Core Equity ETF Company 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.