Berger Financial Group Inc Reduces Stock Position in Capital Group Core Equity ETF $CGUS

Berger Financial Group Inc trimmed its holdings in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) by 7.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 115,045 shares of the company’s stock after selling 8,639 shares during the quarter. Berger Financial Group Inc owned 0.07% of Capital Group Core Equity ETF worth $4,249,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Freedom Investment Management Inc. raised its position in Capital Group Core Equity ETF by 3.1% during the first quarter. Freedom Investment Management Inc. now owns 11,612 shares of the company’s stock valued at $388,000 after purchasing an additional 345 shares during the period. Kingswood Wealth Advisors LLC raised its holdings in Capital Group Core Equity ETF by 0.7% during the 1st quarter. Kingswood Wealth Advisors LLC now owns 63,915 shares of the company’s stock valued at $2,135,000 after buying an additional 449 shares during the period. Comerica Bank lifted its position in Capital Group Core Equity ETF by 4.0% in the first quarter. Comerica Bank now owns 11,769 shares of the company’s stock worth $393,000 after buying an additional 456 shares during the last quarter. Ashton Thomas Securities LLC boosted its stake in Capital Group Core Equity ETF by 1.0% during the first quarter. Ashton Thomas Securities LLC now owns 51,710 shares of the company’s stock worth $1,727,000 after buying an additional 500 shares during the period. Finally, Titleist Asset Management LLC increased its position in Capital Group Core Equity ETF by 7.8% during the first quarter. Titleist Asset Management LLC now owns 8,126 shares of the company’s stock valued at $271,000 after acquiring an additional 586 shares during the last quarter.

Capital Group Core Equity ETF Trading Down 0.1%

Capital Group Core Equity ETF stock opened at $39.82 on Friday. Capital Group Core Equity ETF has a 12-month low of $28.95 and a 12-month high of $40.01. The firm has a 50-day moving average price of $38.76 and a 200-day moving average price of $36.11. The firm has a market capitalization of $7.50 billion, a PE ratio of 26.31 and a beta of 0.92.

Capital Group Core Equity ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 1st. Shareholders of record on Tuesday, September 30th were given a dividend of $0.0925 per share. This represents a $0.37 annualized dividend and a dividend yield of 0.9%. The ex-dividend date was Tuesday, 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.