Smartleaf Asset Management LLC Has $7.70 Million Stake in Capital Group Core Equity ETF $CGUS

Smartleaf Asset Management LLC raised its position in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) by 15.1% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 195,115 shares of the company’s stock after acquiring an additional 25,550 shares during the period. Smartleaf Asset Management LLC owned approximately 0.10% of Capital Group Core Equity ETF worth $7,697,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in CGUS. AQR Capital Management LLC acquired a new position in shares of Capital Group Core Equity ETF during the 1st quarter worth about $527,000. Focus Partners Wealth increased its position 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 worth $317,000 after buying an additional 7,193 shares during the period. DAVENPORT & Co LLC increased its position in Capital Group Core Equity ETF by 3.8% in the 2nd quarter. DAVENPORT & Co LLC now owns 21,458 shares of the company’s stock worth $792,000 after buying an additional 783 shares during the period. Blair William & Co. IL lifted its holdings in shares of Capital Group Core Equity ETF by 2.4% during the second quarter. Blair William & Co. IL now owns 159,403 shares of the company’s stock worth $5,887,000 after buying an additional 3,795 shares during the last quarter. Finally, Apollon Wealth Management LLC bought a new stake in shares of Capital Group Core Equity ETF in the second quarter valued at approximately $2,003,000.

Capital Group Core Equity ETF Trading Up 2.2%

Shares of Capital Group Core Equity ETF stock opened at $40.82 on Friday. Capital Group Core Equity ETF has a 1 year low of $28.95 and a 1 year high of $41.38. The company’s fifty day simple moving average is $40.56 and its 200-day simple moving average is $39.67. The company has a market cap of $8.76 billion, a price-to-earnings ratio of 26.31 and a beta of 0.92.

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 issued a $0.1055 dividend. This is a boost from Capital Group Core Equity ETF’s previous quarterly dividend of $0.09. The ex-dividend date of this dividend was Friday, December 26th. This represents a $0.42 dividend on an annualized basis and a yield of 1.0%.

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.