Capital Group Core Equity ETF $CGUS Stock Holdings Boosted by James T. Borello RIA

James T. Borello RIA raised its position in Capital Group Core Equity ETF (NYSEARCA:CGUS) by 3.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 989,778 shares of the company’s stock after acquiring an additional 28,810 shares during the quarter. Capital Group Core Equity ETF makes up 9.0% of James T. Borello RIA’s investment portfolio, making the stock its largest position. James T. Borello RIA owned 0.37% of Capital Group Core Equity ETF worth $44,045,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of CGUS. MCF Advisors LLC bought a new stake in shares of Capital Group Core Equity ETF in the second quarter worth about $37,000. Bayban bought a new position in Capital Group Core Equity ETF during the 1st quarter valued at approximately $61,000. CoreCap Advisors LLC raised its position in Capital Group Core Equity ETF by 38.8% during the 2nd quarter. CoreCap Advisors LLC now owns 1,530 shares of the company’s stock valued at $68,000 after purchasing an additional 428 shares during the last quarter. Birchwood Financial Partners Inc. bought a new position in Capital Group Core Equity ETF during the 4th quarter valued at approximately $127,000. Finally, CFS Investment Advisory Services LLC bought a new position in Capital Group Core Equity ETF during the 1st quarter valued at approximately $207,000.

Capital Group Core Equity ETF Trading Down 1.1%

NYSEARCA CGUS traded down $0.49 on Friday, hitting $44.59. The company’s stock had a trading volume of 816,948 shares, compared to its average volume of 1,124,712. The firm has a market cap of $12.09 billion, a P/E ratio of 26.31 and a beta of 0.93. Capital Group Core Equity ETF has a 52-week low of $37.19 and a 52-week high of $46.80. The company’s 50-day simple moving average is $45.06 and its 200 day simple moving average is $43.85.

Capital Group Core Equity ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 1st. Investors of record on Wednesday, September 30th were issued a dividend of $0.0901 per share. This is a boost from Capital Group Core Equity ETF’s previous quarterly dividend of $0.0833. This represents a $0.36 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date was Wednesday, September 30th.

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.