Private Advisor Group LLC Raises Stock Holdings in Capital Group Core Equity ETF $CGUS

Private Advisor Group LLC grew its stake in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) by 13.5% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,361,308 shares of the company’s stock after acquiring an additional 161,511 shares during the quarter. Private Advisor Group LLC owned about 0.71% of Capital Group Core Equity ETF worth $53,826,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in CGUS. Pinnacle Bancorp Inc. boosted its holdings in Capital Group Core Equity ETF by 234.4% in the third quarter. Pinnacle Bancorp Inc. now owns 642 shares of the company’s stock worth $25,000 after purchasing an additional 450 shares during the last quarter. Huntington National Bank bought a new position in shares of Capital Group Core Equity ETF during the 3rd quarter valued at $50,000. Hazlett Burt & Watson Inc. boosted its stake in shares of Capital Group Core Equity ETF by 28.5% in the 3rd quarter. Hazlett Burt & Watson Inc. now owns 1,285 shares of the company’s stock worth $51,000 after buying an additional 285 shares during the last quarter. Financial Perspectives Inc grew its holdings in shares of Capital Group Core Equity ETF by 43.3% in the third quarter. Financial Perspectives Inc now owns 2,209 shares of the company’s stock worth $87,000 after acquiring an additional 668 shares during the period. Finally, Ameriflex Group Inc. increased its position in Capital Group Core Equity ETF by 434.7% during the third quarter. Ameriflex Group Inc. now owns 2,326 shares of the company’s stock valued at $92,000 after acquiring an additional 1,891 shares during the last quarter.

Capital Group Core Equity ETF Stock Performance

Shares of NYSEARCA:CGUS opened at $39.76 on Monday. The stock’s 50-day simple moving average is $40.73 and its two-hundred day simple moving average is $40.03. The stock has a market capitalization of $8.53 billion, a price-to-earnings ratio of 26.31 and a beta of 0.92. Capital Group Core Equity ETF has a 52-week low of $28.95 and a 52-week high of $41.38.

Capital Group Core Equity ETF Increases Dividend

The firm also recently announced 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 1.1%. This is a positive change from Capital Group Core Equity ETF’s previous quarterly dividend of $0.09. The ex-dividend date 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.