Kintra Wealth LLC Has $7.68 Million Holdings in Capital Group Core Equity ETF $CGUS

Kintra Wealth LLC grew its holdings in Capital Group Core Equity ETF (NYSEARCA:CGUS) by 36.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 165,575 shares of the company’s stock after buying an additional 44,664 shares during the period. Kintra Wealth LLC owned 0.06% of Capital Group Core Equity ETF worth $7,679,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. LPL Financial LLC boosted its position in Capital Group Core Equity ETF by 19.2% during the fourth quarter. LPL Financial LLC now owns 23,734,177 shares of the company’s stock worth $954,826,000 after purchasing an additional 3,824,999 shares during the period. Raymond James Financial Inc. raised its position in shares of Capital Group Core Equity ETF by 24.0% in the third quarter. Raymond James Financial Inc. now owns 7,028,681 shares of the company’s stock valued at $277,914,000 after purchasing an additional 1,360,335 shares during the period. Wells Fargo & Company MN raised its position in shares of Capital Group Core Equity ETF by 32.7% in the fourth quarter. Wells Fargo & Company MN now owns 5,278,226 shares of the company’s stock valued at $212,343,000 after purchasing an additional 1,301,252 shares during the period. Valmark Advisers Inc. lifted its stake in shares of Capital Group Core Equity ETF by 100.5% during the 1st quarter. Valmark Advisers Inc. now owns 1,333,129 shares of the company’s stock worth $51,219,000 after buying an additional 668,137 shares during the last quarter. Finally, Private Advisor Group LLC boosted its holdings in shares of Capital Group Core Equity ETF by 47.0% during the 4th quarter. Private Advisor Group LLC now owns 2,001,153 shares of the company’s stock worth $80,506,000 after buying an additional 639,845 shares during the period.

Capital Group Core Equity ETF Stock Performance

Shares of CGUS opened at $45.17 on Friday. Capital Group Core Equity ETF has a 52 week low of $37.19 and a 52 week high of $46.80. The firm has a market cap of $11.58 billion, a P/E ratio of 26.31 and a beta of 0.93. The firm’s 50-day simple moving average is $44.89 and its 200 day simple moving average is $42.82.

Capital Group Core Equity ETF Cuts Dividend

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