Sunbelt Securities Inc. Sells 18,685 Shares of Capital Group Core Equity ETF $CGUS

Sunbelt Securities Inc. lessened its position in Capital Group Core Equity ETF (NYSEARCA:CGUS) by 7.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 222,244 shares of the company’s stock after selling 18,685 shares during the quarter. Capital Group Core Equity ETF comprises about 0.6% of Sunbelt Securities Inc.’s investment portfolio, making the stock its 28th biggest position. Sunbelt Securities Inc. owned about 0.12% of Capital Group Core Equity ETF worth $8,788,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. AQR Capital Management LLC bought a new position in shares of Capital Group Core Equity ETF in the first quarter worth about $527,000. Focus Partners Wealth grew its holdings in Capital Group Core Equity ETF by 314.0% in the 1st quarter. Focus Partners Wealth now owns 9,484 shares of the company’s stock valued at $317,000 after buying an additional 7,193 shares during the last quarter. Avantax Advisory Services Inc. increased its position in Capital Group Core Equity ETF by 23.4% in the 2nd quarter. Avantax Advisory Services Inc. now owns 115,626 shares of the company’s stock worth $4,270,000 after buying an additional 21,942 shares during the period. Rockefeller Capital Management L.P. acquired a new position in shares of Capital Group Core Equity ETF during the second quarter worth approximately $513,000. Finally, Rothschild Investment LLC lifted its holdings in shares of Capital Group Core Equity ETF by 7.4% during the second quarter. Rothschild Investment LLC now owns 18,139 shares of the company’s stock worth $670,000 after buying an additional 1,251 shares during the last quarter.

Capital Group Core Equity ETF Trading Up 0.0%

CGUS opened at $39.61 on Wednesday. The business has a 50 day moving average of $40.62 and a 200-day moving average of $40.09. The stock has a market capitalization of $8.50 billion, a price-to-earnings ratio of 26.31 and a beta of 0.92. Capital Group Core Equity ETF has a 1-year low of $28.95 and a 1-year high of $41.38.

Capital Group Core Equity ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, December 29th. Shareholders of record on Friday, December 26th were given a $0.1055 dividend. The ex-dividend date was Friday, December 26th. This represents a $0.42 annualized dividend and a yield of 1.1%. This is a positive change from Capital Group Core Equity ETF’s previous quarterly dividend of $0.09.

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.