James T. Borello RIA Buys 28,810 Shares of Capital Group Core Equity ETF $CGUS

James T. Borello RIA lifted its stake in Capital Group Core Equity ETF (NYSEARCA:CGUS) by 3.0% in the 3rd quarter, HoldingsChannel reports. The firm owned 989,778 shares of the company’s stock after buying an additional 28,810 shares during the quarter. Capital Group Core Equity ETF accounts for 9.0% of James T. Borello RIA’s portfolio, making the stock its biggest position. James T. Borello RIA’s holdings in Capital Group Core Equity ETF were worth $44,045,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Valmark Advisers Inc. increased its position in shares of Capital Group Core Equity ETF by 100.5% during the first quarter. Valmark Advisers Inc. now owns 1,333,129 shares of the company’s stock valued at $51,219,000 after buying an additional 668,137 shares during the period. Cetera Investment Advisers raised its stake in Capital Group Core Equity ETF by 6.3% in the first quarter. Cetera Investment Advisers now owns 6,314,257 shares of the company’s stock worth $242,594,000 after buying an additional 373,840 shares in the last quarter. Sei Investments Co. lifted its holdings 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 during the period. J. Derek Lewis & Associates Inc. purchased a new stake in Capital Group Core Equity ETF in the fourth quarter worth about $10,950,000. Finally, Janney Montgomery Scott LLC lifted its holdings in Capital Group Core Equity ETF by 33.2% in the first quarter. Janney Montgomery Scott LLC now owns 1,012,598 shares of the company’s stock worth $38,904,000 after buying an additional 252,275 shares during the period.

Capital Group Core Equity ETF Trading Down 1.1%

Capital Group Core Equity ETF stock traded down $0.49 during trading hours on Friday, hitting $44.59. 816,948 shares of the stock traded hands, compared to its average volume of 1,124,712. Capital Group Core Equity ETF has a one year low of $37.19 and a one year high of $46.80. The firm’s 50-day moving average price is $45.06 and its two-hundred day moving average price is $43.85. The company 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 Increases Dividend

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

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.