PFG Advisors Buys 15,728 Shares of Capital Group Core Equity ETF $CGUS

PFG Advisors raised its stake in Capital Group Core Equity ETF (NYSEARCA:CGUS) by 14.4% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 124,925 shares of the company’s stock after buying an additional 15,728 shares during the period. PFG Advisors owned about 0.06% of Capital Group Core Equity ETF worth $4,940,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also added to or reduced their stakes in the company. Natixis Advisors LLC increased its position in shares of Capital Group Core Equity ETF by 31.5% during the third quarter. Natixis Advisors LLC now owns 181,828 shares of the company’s stock worth $7,189,000 after acquiring an additional 43,545 shares during the period. Ameriflex Group Inc. boosted its holdings in shares of Capital Group Core Equity ETF by 434.7% in the third quarter. Ameriflex Group Inc. now owns 2,326 shares of the company’s stock valued at $92,000 after purchasing an additional 1,891 shares during the period. Blair William & Co. IL grew its stake in Capital Group Core Equity ETF by 1.3% in the third quarter. Blair William & Co. IL now owns 161,434 shares of the company’s stock worth $6,383,000 after purchasing an additional 2,031 shares in the last quarter. HUB Investment Partners LLC grew its stake in Capital Group Core Equity ETF by 48.7% in the third quarter. HUB Investment Partners LLC now owns 1,115,378 shares of the company’s stock worth $44,102,000 after purchasing an additional 365,170 shares in the last quarter. Finally, Integrity Advisory Solutions LLC purchased a new position in Capital Group Core Equity ETF during the 3rd quarter worth $2,071,000.

Capital Group Core Equity ETF Stock Up 1.1%

Shares of NYSEARCA CGUS opened at $40.19 on Tuesday. The business has a fifty day simple moving average of $40.72 and a two-hundred day simple moving average of $40.04. The firm has a market cap of $8.62 billion, a PE ratio of 26.31 and a beta of 0.92. Capital Group Core Equity ETF has a twelve month low of $28.95 and a twelve month high of $41.38.

Capital Group Core Equity ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 29th. Stockholders of record on Friday, December 26th were paid a dividend of $0.1055 per share. This is an increase from Capital Group Core Equity ETF’s previous quarterly dividend of $0.09. This represents a $0.42 annualized dividend and a dividend yield of 1.1%. The ex-dividend date was Friday, December 26th.

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.