Total Clarity Wealth Management Inc. Lowers Position in Capital Group Core Equity ETF $CGUS

Total Clarity Wealth Management Inc. trimmed its stake in Capital Group Core Equity ETF (NYSEARCA:CGUS) by 2.4% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 13,493 shares of the company’s stock after selling 333 shares during the quarter. Total Clarity Wealth Management Inc.’s holdings in Capital Group Core Equity ETF were worth $498,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Golden State Wealth Management LLC acquired a new position in Capital Group Core Equity ETF during the first quarter valued at approximately $29,000. Chilton Capital Management LLC acquired a new position in Capital Group Core Equity ETF during the first quarter valued at approximately $31,000. Fifth Third Bancorp acquired a new position in Capital Group Core Equity ETF during the second quarter valued at approximately $40,000. First PREMIER Bank acquired a new position in Capital Group Core Equity ETF during the second quarter valued at approximately $83,000. Finally, Synergy Investment Management LLC lifted its position in Capital Group Core Equity ETF by 101.0% during the first quarter. Synergy Investment Management LLC now owns 2,885 shares of the company’s stock valued at $96,000 after buying an additional 1,450 shares in the last quarter.

Capital Group Core Equity ETF Stock Up 1.4%

Shares of CGUS stock opened at $39.37 on Tuesday. The stock has a market cap of $7.43 billion, a price-to-earnings ratio of 26.31 and a beta of 0.92. Capital Group Core Equity ETF has a fifty-two week low of $28.95 and a fifty-two week high of $40.09. The firm’s 50 day moving average price is $38.95 and its two-hundred day moving average price is $36.36.

Capital Group Core Equity ETF Cuts Dividend

The firm also recently declared 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 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend was Tuesday, September 30th.

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.