Wedbush Securities Inc. Acquires 16,679 Shares of Capital Group Core Equity ETF $CGUS

Wedbush Securities Inc. purchased a new stake in Capital Group Core Equity ETF (NYSEARCA:CGUS) during the 3rd quarter, Holdings Channel.com reports. The fund purchased 16,679 shares of the company’s stock, valued at approximately $742,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in CGUS. Beacon Financial Advisory LLC purchased a new position in Capital Group Core Equity ETF during the second quarter worth about $374,000. HB Wealth Management LLC acquired a new stake in Capital Group Core Equity ETF in the 2nd quarter worth about $866,000. Stephens Inc. AR grew its holdings in Capital Group Core Equity ETF by 44.2% in the 1st quarter. Stephens Inc. AR now owns 394,659 shares of the company’s stock valued at $15,163,000 after buying an additional 121,004 shares during the period. Hopwood Nicholas Hunter purchased a new stake in Capital Group Core Equity ETF in the 2nd quarter valued at about $3,665,000. Finally, Midwest Heritage Bank FSB grew its holdings in Capital Group Core Equity ETF by 40.8% in the 2nd quarter. Midwest Heritage Bank FSB now owns 110,596 shares of the company’s stock valued at $3,169,000 after buying an additional 32,064 shares during the period.

Capital Group Core Equity ETF Price Performance

NYSEARCA CGUS opened at $44.33 on Tuesday. The company has a market cap of $12.10 billion, a P/E ratio of 26.31 and a beta of 0.93. Capital Group Core Equity ETF has a 12 month low of $37.19 and a 12 month high of $46.80. The company has a 50-day moving average of $44.89 and a 200-day moving average of $42.90.

Capital Group Core Equity ETF Increases Dividend

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

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.