Waverly Advisors LLC Raises Stake in Capital Group Core Equity ETF $CGUS

Waverly Advisors LLC increased its holdings in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) by 1,306.4% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 85,920 shares of the company’s stock after purchasing an additional 79,811 shares during the quarter. Waverly Advisors LLC’s holdings in Capital Group Core Equity ETF were worth $3,822,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Ameritas Advisory Services LLC grew its stake in Capital Group Core Equity ETF by 100.7% during the second quarter. Ameritas Advisory Services LLC now owns 90,955 shares of the company’s stock worth $4,046,000 after buying an additional 45,628 shares during the period. Kintra Wealth LLC lifted its holdings in shares of Capital Group Core Equity ETF by 36.9% during the 2nd quarter. Kintra Wealth LLC now owns 165,575 shares of the company’s stock valued at $7,679,000 after acquiring an additional 44,664 shares in the last quarter. PCG Wealth Advisors LLC lifted its holdings in shares of Capital Group Core Equity ETF by 150.3% during the 2nd quarter. PCG Wealth Advisors LLC now owns 60,570 shares of the company’s stock valued at $2,694,000 after acquiring an additional 36,373 shares in the last quarter. Endeavor Private Wealth Inc. lifted its holdings in shares of Capital Group Core Equity ETF by 2.0% during the 2nd quarter. Endeavor Private Wealth Inc. now owns 90,524 shares of the company’s stock valued at $4,034,000 after acquiring an additional 1,769 shares in the last quarter. Finally, Midwest Heritage Bank FSB boosted its position in Capital Group Core Equity ETF by 40.8% during the 2nd quarter. Midwest Heritage Bank FSB now owns 110,596 shares of the company’s stock worth $3,169,000 after purchasing an additional 32,064 shares during the period.

Capital Group Core Equity ETF Price Performance

NYSEARCA:CGUS opened at $44.63 on Friday. The business’s 50-day moving average is $44.94 and its two-hundred day moving average is $42.96. Capital Group Core Equity ETF has a 12 month low of $37.19 and a 12 month high of $46.80. The firm has a market capitalization of $11.44 billion, a PE ratio of 26.31 and a beta of 0.93.

Capital Group Core Equity ETF Cuts Dividend

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

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.