Integrated Wealth Concepts LLC Has $8.90 Million Stock Holdings in Capital Group Core Equity ETF $CGUS

Integrated Wealth Concepts LLC increased its position in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) by 12.1% during the 2nd quarter, Holdings Channel reports. The fund owned 200,160 shares of the company’s stock after buying an additional 21,537 shares during the quarter. Integrated Wealth Concepts LLC’s holdings in Capital Group Core Equity ETF were worth $8,903,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of CGUS. Bayban bought a new position in shares of Capital Group Core Equity ETF during the first quarter worth $61,000. CoreCap Advisors LLC increased its position in shares of Capital Group Core Equity ETF by 38.8% in the 2nd quarter. CoreCap Advisors LLC now owns 1,530 shares of the company’s stock valued at $68,000 after buying an additional 428 shares in the last quarter. Miller Capital Partners Inc. bought a new stake in shares of Capital Group Core Equity ETF in the 4th quarter valued at $86,000. Birchwood Financial Partners Inc. acquired a new stake in Capital Group Core Equity ETF during the 4th quarter worth $127,000. Finally, Clarity Asset Management Inc. acquired a new stake in Capital Group Core Equity ETF during the 4th quarter worth $147,000.

Capital Group Core Equity ETF Trading Down 0.8%

NYSEARCA:CGUS opened at $44.33 on Friday. Capital Group Core Equity ETF has a 1 year low of $37.19 and a 1 year high of $46.80. The stock has a market cap of $11.36 billion, a price-to-earnings ratio of 26.31 and a beta of 0.93. The stock has a 50-day moving average price of $44.93 and a two-hundred day moving average price of $42.95.

Capital Group Core Equity ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 1st. Shareholders of record on Tuesday, June 30th were issued a dividend of $0.0833 per share. This represents a $0.33 annualized dividend and a yield of 0.8%. The ex-dividend date was Tuesday, June 30th.

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.