Capital Group Core Equity ETF (NYSEARCA:CGUS) Stock Short Interest Report for September

Capital Group Core Equity ETF (NYSEARCA:CGUS) was the recipient of a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 1,343,013 shares, a growth of 418.1% from the September 15th total of 259,231 shares. Based on an average trading volume of 884,688 shares, the days-to-cover ratio is presently 1.5 days. Currently, 0.5% of the company’s stock are sold short.

Institutional Investors Weigh In On Capital Group Core Equity ETF

Several hedge funds and other institutional investors have recently modified their holdings of CGUS. Beacon Financial Advisory LLC bought a new position in Capital Group Core Equity ETF in the second quarter worth $374,000. HB Wealth Management LLC acquired a new stake in Capital Group Core Equity ETF during the second quarter worth $866,000. MML Investors Services LLC increased its holdings in Capital Group Core Equity ETF by 8.8% in the 4th quarter. MML Investors Services LLC now owns 3,443,111 shares of the company’s stock valued at $138,516,000 after buying an additional 277,222 shares during the period. Stephens Inc. AR increased its holdings in Capital Group Core Equity ETF by 44.2% in the 1st quarter. Stephens Inc. AR now owns 394,659 shares of the company’s stock valued at $15,163,000 after buying an additional 121,004 shares during the period. Finally, Silver Oak Securities Incorporated increased its holdings in Capital Group Core Equity ETF by 9.4% in the 1st quarter. Silver Oak Securities Incorporated now owns 939,142 shares of the company’s stock valued at $36,082,000 after buying an additional 81,057 shares during the period.

Capital Group Core Equity ETF Stock Performance

Shares of Capital Group Core Equity ETF stock traded up $0.31 during midday trading on Friday, reaching $45.41. 727,084 shares of the company’s stock traded hands, compared to its average volume of 1,133,504. 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 $45.15 and its 200 day simple moving average is $43.62. The company has a market cap of $12.24 billion, a price-to-earnings ratio of 26.31 and a beta of 0.93.

Capital Group Core Equity ETF Increases Dividend

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