Capital Group Core Equity ETF $CGUS Stake Lifted by Wealth Group Ltd

Wealth Group Ltd grew its holdings in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) by 633.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 83,154 shares of the company’s stock after purchasing an additional 71,811 shares during the quarter. Capital Group Core Equity ETF makes up about 0.7% of Wealth Group Ltd’s portfolio, making the stock its 16th biggest holding. Wealth Group Ltd’s holdings in Capital Group Core Equity ETF were worth $3,737,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the business. Cetera Investment Advisers raised its position in shares of Capital Group Core Equity ETF by 6.3% in the first quarter. Cetera Investment Advisers now owns 6,314,257 shares of the company’s stock valued at $242,594,000 after buying an additional 373,840 shares during the last quarter. Capital International Investors grew its stake in Capital Group Core Equity ETF by 1.1% during the 4th quarter. Capital International Investors now owns 6,046,805 shares of the company’s stock valued at $243,263,000 after acquiring an additional 68,441 shares in the last quarter. MML Investors Services LLC grew its stake in Capital Group Core Equity ETF by 8.8% during the 4th quarter. MML Investors Services LLC now owns 3,443,111 shares of the company’s stock valued at $138,516,000 after acquiring an additional 277,222 shares in the last quarter. Royal Bank of Canada raised its holdings in Capital Group Core Equity ETF by 11.2% in the 1st quarter. Royal Bank of Canada now owns 2,510,189 shares of the company’s stock valued at $96,442,000 after acquiring an additional 251,825 shares during the last quarter. Finally, Sei Investments Co. raised its holdings in Capital Group Core Equity ETF by 16.8% in the 1st quarter. Sei Investments Co. now owns 2,346,850 shares of the company’s stock valued at $90,166,000 after acquiring an additional 336,992 shares during the last quarter.

Capital Group Core Equity ETF Stock Down 0.2%

CGUS traded down $0.10 during trading on Wednesday, reaching $45.46. The company’s stock had a trading volume of 424,505 shares, compared to its average volume of 1,135,550. The company has a market cap of $12.17 billion, a price-to-earnings ratio of 26.31 and a beta of 0.93. The firm has a fifty day simple moving average of $45.08 and a two-hundred day simple moving average of $43.52. Capital Group Core Equity ETF has a 1 year low of $37.19 and a 1 year high of $46.80.

Capital Group Core Equity ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, October 1st. Investors of record on Wednesday, September 30th were issued a $0.0901 dividend. This is a boost from Capital Group Core Equity ETF’s previous quarterly dividend of $0.0833. This represents a $0.36 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend was Wednesday, September 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.