Capital Group Core Equity ETF $CGUS Holdings Boosted by IFP Advisors Inc

IFP Advisors Inc boosted its stake in Capital Group Core Equity ETF (NYSEARCA:CGUS) by 2.9% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 451,590 shares of the company’s stock after acquiring an additional 12,565 shares during the period. IFP Advisors Inc owned 0.17% of Capital Group Core Equity ETF worth $20,096,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. MCF Advisors LLC purchased a new position in shares of Capital Group Core Equity ETF in the 2nd quarter valued at approximately $37,000. CoreCap Advisors LLC increased its holdings in shares of Capital Group Core Equity ETF by 38.8% in the second quarter. CoreCap Advisors LLC now owns 1,530 shares of the company’s stock valued at $68,000 after purchasing an additional 428 shares during the period. Bayban acquired a new position in shares of Capital Group Core Equity ETF in the first quarter valued at approximately $61,000. Gradient Investments LLC acquired a new position in shares of Capital Group Core Equity ETF in the third quarter valued at approximately $212,000. Finally, CFS Investment Advisory Services LLC purchased a new stake in shares of Capital Group Core Equity ETF during the first quarter worth approximately $207,000.

Capital Group Core Equity ETF Price Performance

Capital Group Core Equity ETF stock opened at $44.59 on Friday. Capital Group Core Equity ETF has a 12 month low of $37.19 and a 12 month high of $46.80. The business has a 50 day simple moving average of $45.06 and a 200-day simple moving average of $43.85. The stock has a market capitalization 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 disclosed a quarterly dividend, which was paid on Thursday, October 1st. Shareholders of record on Wednesday, September 30th were paid a $0.0901 dividend. The ex-dividend date of this dividend was Wednesday, September 30th. This represents a $0.36 annualized dividend and a yield of 0.8%. This is an increase from Capital Group Core Equity ETF’s previous quarterly dividend of $0.0833.

Capital Group Core Equity ETF 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.