Cushing Capital Partners LLC Sells 1,277 Shares of Capital Group Core Equity ETF $CGUS

Cushing Capital Partners LLC trimmed its position in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) by 1.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 132,159 shares of the company’s stock after selling 1,277 shares during the quarter. Capital Group Core Equity ETF makes up 4.1% of Cushing Capital Partners LLC’s holdings, making the stock its 3rd biggest holding. Cushing Capital Partners LLC owned approximately 0.08% of Capital Group Core Equity ETF worth $4,893,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Golden State Wealth Management LLC bought a new stake in Capital Group Core Equity ETF in the first quarter worth approximately $29,000. Chilton Capital Management LLC bought a new position in Capital Group Core Equity ETF in the 1st quarter valued at $31,000. Fifth Third Bancorp purchased a new position in shares of Capital Group Core Equity ETF during the 2nd quarter valued at $40,000. First PREMIER Bank purchased a new position in shares of Capital Group Core Equity ETF during the 2nd quarter valued at $83,000. Finally, Synergy Investment Management LLC increased its stake in Capital Group Core Equity ETF by 101.0% in the 1st quarter. Synergy Investment Management LLC now owns 2,885 shares of the company’s stock worth $96,000 after acquiring an additional 1,450 shares during the last quarter.

Capital Group Core Equity ETF Stock Up 0.3%

Shares of NYSEARCA CGUS opened at $39.36 on Thursday. The firm has a market capitalization of $7.47 billion, a P/E ratio of 26.31 and a beta of 0.92. The stock’s 50-day simple moving average is $39.00 and its two-hundred day simple moving average is $36.40. Capital Group Core Equity ETF has a twelve month low of $28.95 and a twelve month high of $40.09.

Capital Group Core Equity ETF Cuts Dividend

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

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.