Capital Group Core Equity ETF $CGUS Shares Bought by IFG Advisory LLC

IFG Advisory LLC raised its stake in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) by 24.9% in the 3rd quarter, HoldingsChannel reports. The firm owned 167,387 shares of the company’s stock after purchasing an additional 33,326 shares during the period. IFG Advisory LLC’s holdings in Capital Group Core Equity ETF were worth $7,449,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. Cetera Investment Advisers grew its position in Capital Group Core Equity ETF by 6.3% in the first quarter. Cetera Investment Advisers now owns 6,314,257 shares of the company’s stock worth $242,594,000 after acquiring an additional 373,840 shares in the last quarter. Commonwealth Equity Services LLC increased its stake in Capital Group Core Equity ETF by 1.1% in the third quarter. Commonwealth Equity Services LLC now owns 4,494,384 shares of the company’s stock valued at $200,000,000 after acquiring an additional 48,270 shares during the last quarter. Royal Bank of Canada raised its position in Capital Group Core Equity ETF by 11.2% during the first quarter. Royal Bank of Canada now owns 2,510,189 shares of the company’s stock valued at $96,442,000 after purchasing an additional 251,825 shares in the last quarter. Sei Investments Co. raised its position in Capital Group Core Equity ETF by 16.8% during the first quarter. Sei Investments Co. now owns 2,346,850 shares of the company’s stock valued at $90,166,000 after purchasing an additional 336,992 shares in the last quarter. Finally, Kestra Advisory Services LLC lifted its stake in Capital Group Core Equity ETF by 3.1% during the third quarter. Kestra Advisory Services LLC now owns 1,651,212 shares of the company’s stock worth $73,479,000 after purchasing an additional 49,812 shares during the last quarter.

Capital Group Core Equity ETF Price Performance

CGUS stock traded down $0.21 during mid-day trading on Friday, hitting $44.14. 922,961 shares of the stock were exchanged, compared to its average volume of 1,113,078. The business has a fifty day moving average price of $44.62 and a 200 day moving average price of $43.14. Capital Group Core Equity ETF has a 12 month low of $37.19 and a 12 month high of $46.80. The stock has a market capitalization of $12.20 billion, a price-to-earnings ratio of 24.79 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. Investors of record on Wednesday, September 30th were issued a dividend of $0.0901 per share. The ex-dividend date of this dividend was Wednesday, September 30th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 0.8%. This is a positive change from Capital Group Core Equity ETF’s previous quarterly dividend of $0.0833.

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.