Baird Financial Group Inc. Has $35.62 Million Holdings in Capital Group Core Equity ETF $CGUS

Baird Financial Group Inc. raised its holdings in Capital Group Core Equity ETF (NYSEARCA:CGUS) by 7.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,066,555 shares of the company’s stock after acquiring an additional 69,784 shares during the period. Baird Financial Group Inc. owned about 0.71% of Capital Group Core Equity ETF worth $35,623,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of CGUS. LPL Financial LLC raised its position in shares of Capital Group Core Equity ETF by 60.8% during the first quarter. LPL Financial LLC now owns 14,836,962 shares of the company’s stock worth $495,555,000 after purchasing an additional 5,611,806 shares during the period. Envestnet Asset Management Inc. raised its holdings in Capital Group Core Equity ETF by 16.0% during the 1st quarter. Envestnet Asset Management Inc. now owns 9,089,025 shares of the company’s stock worth $303,573,000 after buying an additional 1,254,091 shares during the period. Cetera Investment Advisers lifted its stake in Capital Group Core Equity ETF by 25.4% in the first quarter. Cetera Investment Advisers now owns 3,843,349 shares of the company’s stock valued at $128,368,000 after buying an additional 779,618 shares in the last quarter. Affiance Financial LLC bought a new position in Capital Group Core Equity ETF in the first quarter valued at approximately $16,396,000. Finally, Commonwealth Equity Services LLC boosted its holdings in shares of Capital Group Core Equity ETF by 15.8% in the first quarter. Commonwealth Equity Services LLC now owns 3,183,195 shares of the company’s stock valued at $106,319,000 after buying an additional 434,231 shares during the period.

Capital Group Core Equity ETF Stock Down 0.6%

Shares of CGUS stock opened at $38.61 on Monday. Capital Group Core Equity ETF has a 12-month low of $28.95 and a 12-month high of $38.88. The firm has a fifty day moving average of $37.81 and a 200-day moving average of $35.33. The company has a market capitalization of $6.59 billion, a price-to-earnings ratio of 26.31 and a beta of 0.92.

Capital Group Core Equity ETF Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, July 1st. Shareholders of record on Monday, June 30th were paid a $0.0971 dividend. The ex-dividend date of this dividend was Monday, June 30th. This represents a $0.39 annualized dividend and a dividend yield of 1.0%.

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.