Vestmark Advisory Solutions Inc. Sells 388,587 Shares of Capital Group Core Equity ETF $CGUS

Vestmark Advisory Solutions Inc. decreased its position in Capital Group Core Equity ETF (NYSEARCA:CGUS) by 45.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 460,975 shares of the company’s stock after selling 388,587 shares during the period. Vestmark Advisory Solutions Inc. owned 0.24% of Capital Group Core Equity ETF worth $18,227,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in CGUS. Pinnacle Bancorp Inc. boosted its stake in shares of Capital Group Core Equity ETF by 234.4% in 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 during the last quarter. Hazlett Burt & Watson Inc. lifted its holdings in Capital Group Core Equity ETF by 28.5% in the third quarter. Hazlett Burt & Watson Inc. now owns 1,285 shares of the company’s stock valued at $51,000 after buying an additional 285 shares during the period. Chilton Capital Management LLC boosted its stake in 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 valued at $86,000 after acquiring an additional 1,397 shares during the last quarter. Financial Perspectives Inc boosted its stake in Capital Group Core Equity ETF by 43.3% in the third quarter. Financial Perspectives Inc now owns 2,209 shares of the company’s stock valued at $87,000 after acquiring an additional 668 shares during the last quarter. Finally, IAG Wealth Partners LLC grew its holdings in Capital Group Core Equity ETF by 14.9% during the 2nd quarter. IAG Wealth Partners LLC now owns 2,505 shares of the company’s stock worth $93,000 after acquiring an additional 325 shares during the period.

Capital Group Core Equity ETF Stock Performance

Shares of Capital Group Core Equity ETF stock opened at $41.01 on Friday. The firm has a fifty day moving average of $40.65 and a two-hundred day moving average of $39.85. The stock has a market capitalization of $8.80 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 $41.38.

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 paid a $0.1055 dividend. The ex-dividend date of this dividend was Friday, December 26th. This is a positive change 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%.

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.