Hopwood Nicholas Hunter Takes $3.67 Million Position in Capital Group Core Equity ETF $CGUS

Hopwood Nicholas Hunter bought a new position in Capital Group Core Equity ETF (NYSEARCA:CGUS) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 82,397 shares of the company’s stock, valued at approximately $3,665,000.

Several other hedge funds also recently made changes to their positions in the company. AQR Capital Management LLC bought a new stake in Capital Group Core Equity ETF during the 1st quarter valued at $527,000. Focus Partners Wealth grew its holdings in Capital Group Core Equity ETF by 314.0% in the 1st quarter. Focus Partners Wealth now owns 9,484 shares of the company’s stock worth $317,000 after acquiring an additional 7,193 shares during the last quarter. Sei Investments Co. grew its holdings in Capital Group Core Equity ETF by 33.8% in the 2nd quarter. Sei Investments Co. now owns 1,338,685 shares of the company’s stock worth $49,438,000 after acquiring an additional 338,456 shares during the last quarter. Raymond James Financial Inc. increased its position in shares of Capital Group Core Equity ETF by 8.6% in the second quarter. Raymond James Financial Inc. now owns 5,668,346 shares of the company’s stock valued at $209,332,000 after acquiring an additional 450,094 shares during the period. Finally, Jane Street Group LLC increased its position in shares of Capital Group Core Equity ETF by 11.6% in the second quarter. Jane Street Group LLC now owns 160,000 shares of the company’s stock valued at $5,909,000 after acquiring an additional 16,646 shares during the period.

Capital Group Core Equity ETF Trading Down 0.1%

Shares of NYSEARCA:CGUS opened at $45.17 on Friday. The company has a 50-day moving average price of $44.89 and a 200-day moving average price of $42.82. The company has a market cap of $11.58 billion, a price-to-earnings ratio of 26.31 and a beta of 0.93. Capital Group Core Equity ETF has a 12 month low of $37.19 and a 12 month high of $46.80.

Capital Group Core Equity ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 1st. Investors of record on Tuesday, June 30th were issued a dividend of $0.0833 per share. This represents a $0.33 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date was Tuesday, June 30th.

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.