Mutual Advisors LLC Boosts Stock Holdings in Capital Group Core Equity ETF $CGUS

Mutual Advisors LLC lifted its position in Capital Group Core Equity ETF (NYSEARCA:CGUS) by 32.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 193,476 shares of the company’s stock after acquiring an additional 47,253 shares during the quarter. Mutual Advisors LLC owned approximately 0.11% of Capital Group Core Equity ETF worth $7,449,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. LPL Financial LLC increased its stake in Capital Group Core Equity ETF by 60.8% in the 1st quarter. LPL Financial LLC now owns 14,836,962 shares of the company’s stock valued at $495,555,000 after buying an additional 5,611,806 shares during the last quarter. Jones Financial Companies Lllp grew its holdings in shares of Capital Group Core Equity ETF by 176.1% in the first quarter. Jones Financial Companies Lllp now owns 4,833,131 shares of the company’s stock valued at $169,514,000 after acquiring an additional 3,082,374 shares in the last quarter. Envestnet Asset Management Inc. increased its position in shares of Capital Group Core Equity ETF by 16.0% during the first quarter. Envestnet Asset Management Inc. now owns 9,089,025 shares of the company’s stock valued at $303,573,000 after acquiring an additional 1,254,091 shares during the last quarter. Cetera Investment Advisers lifted its holdings in Capital Group Core Equity ETF by 25.4% during the first quarter. Cetera Investment Advisers now owns 3,843,349 shares of the company’s stock worth $128,368,000 after acquiring an additional 779,618 shares during the period. Finally, Commonwealth Equity Services LLC lifted its holdings in Capital Group Core Equity ETF by 15.8% during the first quarter. Commonwealth Equity Services LLC now owns 3,183,195 shares of the company’s stock worth $106,319,000 after acquiring an additional 434,231 shares during the period.

Capital Group Core Equity ETF Price Performance

Shares of NYSEARCA:CGUS opened at $39.26 on Wednesday. The company has a market capitalization of $7.41 billion, a PE ratio of 26.31 and a beta of 0.92. The business has a fifty day moving average price of $38.98 and a two-hundred day moving average price of $36.38. Capital Group Core Equity ETF has a 1 year low of $28.95 and a 1 year high of $40.09.

Capital Group Core Equity ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, October 1st. Investors 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 yield of 0.9%.

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.