Capital Group Core Equity ETF $CGUS Shares Sold by Kingsview Wealth Management LLC

Kingsview Wealth Management LLC decreased its position in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) by 68.0% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 81,026 shares of the company’s stock after selling 172,531 shares during the quarter. Kingsview Wealth Management LLC’s holdings in Capital Group Core Equity ETF were worth $3,204,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Merit Financial Group LLC grew its position in shares of Capital Group Core Equity ETF by 1,624.4% in the third quarter. Merit Financial Group LLC now owns 2,107,661 shares of the company’s stock valued at $83,337,000 after purchasing an additional 1,985,435 shares during the period. Aspire Growth Partners LLC lifted its position in Capital Group Core Equity ETF by 15.9% during the second quarter. Aspire Growth Partners LLC now owns 127,590 shares of the company’s stock worth $4,712,000 after buying an additional 17,482 shares during the period. Assetmark Inc. boosted its stake in Capital Group Core Equity ETF by 12.1% in the 3rd quarter. Assetmark Inc. now owns 955,029 shares of the company’s stock worth $37,762,000 after buying an additional 102,872 shares during the last quarter. Beacon Pointe Advisors LLC acquired a new stake in Capital Group Core Equity ETF in the 2nd quarter worth about $4,286,000. Finally, Apollon Wealth Management LLC grew its holdings in Capital Group Core Equity ETF by 272.2% in the 3rd quarter. Apollon Wealth Management LLC now owns 201,888 shares of the company’s stock valued at $7,983,000 after buying an additional 147,649 shares during the period.

Capital Group Core Equity ETF Price Performance

NYSEARCA CGUS opened at $40.56 on Thursday. The company has a market cap of $8.70 billion, a P/E ratio of 26.31 and a beta of 0.92. Capital Group Core Equity ETF has a 12 month low of $28.95 and a 12 month high of $41.38. The company has a 50-day moving average of $40.75 and a 200-day moving average of $39.99.

Capital Group Core Equity ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, December 29th. Investors of record on Friday, December 26th were given a dividend of $0.1055 per share. This represents a $0.42 annualized dividend and a yield of 1.0%. This is a positive change from Capital Group Core Equity ETF’s previous quarterly dividend of $0.09. The ex-dividend date of this dividend was Friday, December 26th.

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.