Cwm LLC Purchases 21,120 Shares of Capital Group Core Equity ETF $CGUS

Cwm LLC raised its stake in Capital Group Core Equity ETF (NYSEARCA:CGUS) by 3.8% in the 2nd quarter, Holdings Channel.com reports. The fund owned 580,783 shares of the company’s stock after buying an additional 21,120 shares during the quarter. Cwm LLC’s holdings in Capital Group Core Equity ETF were worth $21,448,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC raised its holdings in Capital Group Core Equity ETF by 10.5% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 681,280 shares of the company’s stock valued at $22,755,000 after acquiring an additional 64,745 shares in the last quarter. Golden State Wealth Management LLC acquired a new position in Capital Group Core Equity ETF in the 1st quarter valued at $29,000. Oppenheimer & Co. Inc. raised its holdings in Capital Group Core Equity ETF by 12.0% in the 1st quarter. Oppenheimer & Co. Inc. now owns 11,225 shares of the company’s stock valued at $375,000 after acquiring an additional 1,200 shares in the last quarter. Truist Financial Corp raised its holdings in Capital Group Core Equity ETF by 8.8% in the 2nd quarter. Truist Financial Corp now owns 186,633 shares of the company’s stock valued at $6,892,000 after acquiring an additional 15,138 shares in the last quarter. Finally, Cerity Partners LLC raised its holdings in Capital Group Core Equity ETF by 2.9% in the 1st quarter. Cerity Partners LLC now owns 31,173 shares of the company’s stock valued at $1,041,000 after acquiring an additional 865 shares in the last quarter.

Capital Group Core Equity ETF Price Performance

Shares of NYSEARCA CGUS opened at $38.81 on Monday. The stock has a market capitalization of $7.33 billion, a PE ratio of 26.31 and a beta of 0.92. The business has a fifty day moving average price of $38.92 and a two-hundred day moving average price of $36.32. Capital Group Core Equity ETF has a fifty-two week low of $28.95 and a fifty-two week high of $40.09.

Capital Group Core Equity ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 1st. Stockholders of record on Tuesday, September 30th were issued a dividend of $0.0925 per share. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a $0.37 dividend on an annualized basis 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.