Capital Group Core Equity ETF $CGUS Shares Newly Bought by KWB Wealth

KWB Wealth purchased a new position in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 89,247 shares of the company’s stock, valued at approximately $3,971,000.

Several other hedge funds have also recently added to or reduced their stakes in CGUS. Cetera Investment Advisers raised its holdings in shares of Capital Group Core Equity ETF by 6.3% during the 1st quarter. Cetera Investment Advisers now owns 6,314,257 shares of the company’s stock valued at $242,594,000 after buying an additional 373,840 shares in the last quarter. Royal Bank of Canada boosted its stake in Capital Group Core Equity ETF by 11.2% in the first quarter. Royal Bank of Canada now owns 2,510,189 shares of the company’s stock worth $96,442,000 after buying an additional 251,825 shares in the last quarter. Sei Investments Co. boosted its stake in Capital Group Core Equity ETF by 16.8% in the first quarter. Sei Investments Co. now owns 2,346,850 shares of the company’s stock worth $90,166,000 after buying an additional 336,992 shares in the last quarter. Private Advisor Group LLC boosted its stake in Capital Group Core Equity ETF by 5.8% in the first quarter. Private Advisor Group LLC now owns 2,116,973 shares of the company’s stock worth $81,334,000 after buying an additional 115,820 shares in the last quarter. Finally, Baird Financial Group Inc. grew its position in Capital Group Core Equity ETF by 4.9% during the second quarter. Baird Financial Group Inc. now owns 1,343,454 shares of the company’s stock valued at $59,757,000 after acquiring an additional 62,260 shares during the last quarter.

Capital Group Core Equity ETF Price Performance

NYSEARCA CGUS traded down $0.49 on Friday, reaching $44.59. 816,948 shares of the company’s stock traded hands, compared to its average volume of 1,124,712. The stock has a market cap of $12.09 billion, a PE ratio of 26.31 and a beta of 0.93. Capital Group Core Equity ETF has a 12 month low of $37.19 and a 12 month high of $46.80. The stock has a 50-day simple moving average of $45.06 and a 200 day simple moving average of $43.85.

Capital Group Core Equity ETF Increases Dividend

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

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.