Capital Group Core Equity ETF $CGUS Shares Sold by Wedbush Securities Inc.

Wedbush Securities Inc. reduced its position in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) by 15.4% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 12,745 shares of the company’s stock after selling 2,328 shares during the period. Wedbush Securities Inc.’s holdings in Capital Group Core Equity ETF were worth $471,000 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. LPL Financial LLC lifted its holdings in Capital Group Core Equity ETF by 60.8% in the 1st quarter. LPL Financial LLC now owns 14,836,962 shares of the company’s stock valued at $495,555,000 after acquiring an additional 5,611,806 shares during the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of Capital Group Core Equity ETF by 13.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 10,327,349 shares of the company’s stock worth $381,389,000 after purchasing an additional 1,238,324 shares in the last quarter. Raymond James Financial Inc. raised its holdings in shares of Capital Group Core Equity ETF by 7.6% in the 1st quarter. Raymond James Financial Inc. now owns 5,218,252 shares of the company’s stock worth $174,290,000 after purchasing an additional 370,182 shares in the last quarter. Jones Financial Companies Lllp lifted its stake in Capital Group Core Equity ETF by 176.1% during the first quarter. Jones Financial Companies Lllp now owns 4,833,131 shares of the company’s stock valued at $169,514,000 after purchasing an additional 3,082,374 shares during the last quarter. Finally, Cetera Investment Advisers boosted its holdings in Capital Group Core Equity ETF by 25.4% during the first quarter. Cetera Investment Advisers now owns 3,843,349 shares of the company’s stock worth $128,368,000 after buying an additional 779,618 shares in the last quarter.

Capital Group Core Equity ETF Stock Performance

Capital Group Core Equity ETF stock opened at $40.41 on Wednesday. The firm has a market cap of $7.80 billion, a price-to-earnings ratio of 26.31 and a beta of 0.92. Capital Group Core Equity ETF has a 1 year low of $28.95 and a 1 year high of $40.80. The firm’s 50 day moving average price is $39.62 and its two-hundred day moving average price is $37.60.

Capital Group Core Equity ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, October 1st. Investors of record on Tuesday, September 30th were issued a $0.0925 dividend. This represents a $0.37 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date was Tuesday, 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.