19,104 Shares of Capital Group Core Equity ETF $CGUS Acquired by Center For Asset Management LLC

Center For Asset Management LLC bought a new position in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 19,104 shares of the company’s stock, valued at approximately $850,000.

A number of other institutional investors also recently modified their holdings of CGUS. Cetera Investment Advisers grew its stake in shares of Capital Group Core Equity ETF by 6.3% in the first quarter. Cetera Investment Advisers now owns 6,314,257 shares of the company’s stock worth $242,594,000 after purchasing an additional 373,840 shares during the last quarter. Royal Bank of Canada increased its holdings in Capital Group Core Equity ETF by 11.2% during the 1st quarter. Royal Bank of Canada now owns 2,510,189 shares of the company’s stock valued at $96,442,000 after purchasing an additional 251,825 shares during the period. Sei Investments Co. raised its position in Capital Group Core Equity ETF by 16.8% during the 1st quarter. Sei Investments Co. now owns 2,346,850 shares of the company’s stock valued at $90,166,000 after purchasing an additional 336,992 shares during the last quarter. Private Advisor Group LLC raised its position in Capital Group Core Equity ETF by 5.8% during the 1st quarter. Private Advisor Group LLC now owns 2,116,973 shares of the company’s stock valued at $81,334,000 after purchasing an additional 115,820 shares during the last quarter. Finally, Baird Financial Group Inc. raised its position in Capital Group Core Equity ETF by 4.9% during the 2nd quarter. Baird Financial Group Inc. now owns 1,343,454 shares of the company’s stock valued at $59,757,000 after purchasing an additional 62,260 shares during the last quarter.

Capital Group Core Equity ETF Stock Performance

NYSEARCA CGUS opened at $44.59 on Friday. Capital Group Core Equity ETF has a fifty-two week low of $37.19 and a fifty-two week high of $46.80. The stock has a 50 day simple moving average of $45.06 and a two-hundred day simple moving average of $43.85. The stock has a market cap of $12.09 billion, a P/E ratio of 26.31 and a beta of 0.93.

Capital Group Core Equity ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 1st. Stockholders of record on Wednesday, September 30th were paid a dividend of $0.0901 per share. This represents a $0.36 annualized dividend and a dividend yield of 0.8%. This is a boost from Capital Group Core Equity ETF’s previous quarterly dividend of $0.0833. The ex-dividend date of this dividend was Wednesday, September 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.