PCG Wealth Advisors LLC Raises Position in Capital Group Core Equity ETF $CGUS

PCG Wealth Advisors LLC grew its holdings in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) by 150.3% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 60,570 shares of the company’s stock after acquiring an additional 36,373 shares during the period. PCG Wealth Advisors LLC’s holdings in Capital Group Core Equity ETF were worth $2,694,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Endeavor Private Wealth Inc. lifted its position in Capital Group Core Equity ETF by 2.0% during the second quarter. Endeavor Private Wealth Inc. now owns 90,524 shares of the company’s stock valued at $4,034,000 after purchasing an additional 1,769 shares in the last quarter. Midwest Heritage Bank FSB grew its holdings in Capital Group Core Equity ETF by 40.8% during the second quarter. Midwest Heritage Bank FSB now owns 110,596 shares of the company’s stock valued at $3,169,000 after purchasing an additional 32,064 shares during the period. HB Wealth Management LLC purchased a new stake in Capital Group Core Equity ETF in the second quarter worth about $866,000. Hopwood Nicholas Hunter purchased a new stake in Capital Group Core Equity ETF in the second quarter worth about $3,665,000. Finally, NWF Advisory Services Inc. bought a new position in shares of Capital Group Core Equity ETF in the second quarter worth about $210,000.

Capital Group Core Equity ETF Stock Down 0.1%

NYSEARCA CGUS opened at $45.17 on Friday. Capital Group Core Equity ETF has a 52 week low of $37.19 and a 52 week high of $46.80. The company has a market capitalization of $11.58 billion, a P/E ratio of 26.31 and a beta of 0.93. The stock’s 50-day moving average price is $44.89 and its 200-day moving average price is $42.82.

Capital Group Core Equity ETF Cuts Dividend

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

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.