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

KWB Wealth acquired a new position in Capital Group Core Equity ETF (NYSEARCA:CGUS) during the 3rd quarter, HoldingsChannel.com reports. The firm acquired 89,247 shares of the company’s stock, valued at approximately $3,971,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. 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 increased its position in 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. Sei Investments Co. raised its position in shares of Capital Group Core Equity ETF by 16.8% in the 1st quarter. Sei Investments Co. now owns 2,346,850 shares of the company’s stock worth $90,166,000 after purchasing an additional 336,992 shares during the last quarter. J. Derek Lewis & Associates Inc. purchased a new position in Capital Group Core Equity ETF in the fourth quarter worth about $10,950,000. Finally, Janney Montgomery Scott LLC lifted its position in Capital Group Core Equity ETF by 33.2% in the 1st quarter. Janney Montgomery Scott LLC now owns 1,012,598 shares of the company’s stock valued at $38,904,000 after acquiring an additional 252,275 shares in the last quarter.

Capital Group Core Equity ETF Stock Performance

Shares of NYSEARCA:CGUS traded down $0.49 during midday trading 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 50 day moving average of $45.06 and a 200 day moving average of $43.85. The company has a market cap of $12.09 billion, a price-to-earnings ratio of 26.31 and a beta of 0.93. Capital Group Core Equity ETF has a one year low of $37.19 and a one year high of $46.80.

Capital Group Core Equity ETF Increases Dividend

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