Midwest Heritage Bank FSB Has $3.17 Million Stock Position in Capital Group Core Equity ETF $CGUS

Midwest Heritage Bank FSB boosted its holdings in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) by 40.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 110,596 shares of the company’s stock after buying an additional 32,064 shares during the quarter. Capital Group Core Equity ETF makes up approximately 0.9% of Midwest Heritage Bank FSB’s investment portfolio, making the stock its 19th largest position. Midwest Heritage Bank FSB’s holdings in Capital Group Core Equity ETF were worth $3,169,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in CGUS. Beacon Financial Advisory LLC bought a new position in shares of Capital Group Core Equity ETF in the second quarter valued at about $374,000. HighTower Advisors LLC boosted its holdings in shares of Capital Group Core Equity ETF by 12.8% during the 4th quarter. HighTower Advisors LLC now owns 193,659 shares of the company’s stock worth $7,791,000 after buying an additional 21,997 shares during the period. Rothschild Wealth LLC acquired a new position in Capital Group Core Equity ETF in the 4th quarter valued at about $879,000. Western Wealth Management LLC grew its stake in Capital Group Core Equity ETF by 11.6% in the 4th quarter. Western Wealth Management LLC now owns 125,762 shares of the company’s stock valued at $5,059,000 after buying an additional 13,042 shares during the last quarter. Finally, Vestmark Advisory Solutions Inc. raised its holdings in Capital Group Core Equity ETF by 10.7% in the 4th quarter. Vestmark Advisory Solutions Inc. now owns 510,219 shares of the company’s stock valued at $20,526,000 after acquiring an additional 49,244 shares during the period.

Capital Group Core Equity ETF Stock Down 0.1%

Shares of CGUS stock opened at $45.17 on Friday. Capital Group Core Equity ETF has a 12-month low of $37.19 and a 12-month high of $46.80. The company has a market capitalization of $11.58 billion, a PE ratio of 26.31 and a beta of 0.93. The firm has a 50 day moving average price of $44.89 and a two-hundred day moving average price of $42.82.

Capital Group Core Equity ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, July 1st. Investors of record on Tuesday, June 30th were issued a dividend of $0.0833 per share. This represents a $0.33 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend was Tuesday, June 30th.

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.