World Investment Advisors Boosts Holdings in Capital Group Core Equity ETF $CGUS

World Investment Advisors increased its holdings in Capital Group Core Equity ETF (NYSEARCA:CGUS) by 37.1% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 88,604 shares of the company’s stock after acquiring an additional 23,962 shares during the quarter. World Investment Advisors’ holdings in Capital Group Core Equity ETF were worth $3,272,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Envestnet Asset Management Inc. boosted its holdings in shares of Capital Group Core Equity ETF by 13.6% in the second quarter. Envestnet Asset Management Inc. now owns 10,327,349 shares of the company’s stock worth $381,389,000 after buying an additional 1,238,324 shares during the last quarter. Chilton Capital Management LLC boosted its holdings in shares of Capital Group Core Equity ETF by 149.4% in the second quarter. Chilton Capital Management LLC now owns 2,332 shares of the company’s stock worth $86,000 after buying an additional 1,397 shares during the last quarter. VestGen Investment Management boosted its holdings in shares of Capital Group Core Equity ETF by 1.8% in the second quarter. VestGen Investment Management now owns 15,678 shares of the company’s stock worth $579,000 after buying an additional 276 shares during the last quarter. Hobart Private Capital LLC boosted its holdings in shares of Capital Group Core Equity ETF by 4.7% in the second quarter. Hobart Private Capital LLC now owns 14,293 shares of the company’s stock worth $528,000 after buying an additional 637 shares during the last quarter. Finally, West Michigan Advisors LLC purchased a new position in shares of Capital Group Core Equity ETF in the second quarter worth approximately $205,000.

Capital Group Core Equity ETF Trading Down 1.2%

CGUS opened at $40.18 on Friday. The company has a market cap of $7.72 billion, a price-to-earnings ratio of 26.31 and a beta of 0.92. The company’s 50 day moving average is $39.38 and its 200 day moving average is $37.06. Capital Group Core Equity ETF has a 12-month low of $28.95 and a 12-month high of $40.80.

Capital Group Core Equity ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, October 1st. Shareholders 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 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.