Signature Resources Capital Management LLC Grows Stock Position in Capital Group Core Equity ETF $CGUS

Signature Resources Capital Management LLC lifted its position in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) by 25.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 63,237 shares of the company’s stock after purchasing an additional 12,782 shares during the quarter. Capital Group Core Equity ETF accounts for approximately 1.4% of Signature Resources Capital Management LLC’s portfolio, making the stock its 16th largest holding. Signature Resources Capital Management LLC’s holdings in Capital Group Core Equity ETF were worth $2,500,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in CGUS. Envestnet Asset Management Inc. boosted its stake in shares of Capital Group Core Equity ETF by 13.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 10,327,349 shares of the company’s stock worth $381,389,000 after acquiring an additional 1,238,324 shares in the last quarter. Raymond James Financial Inc. raised its holdings in Capital Group Core Equity ETF by 8.6% in the 2nd quarter. Raymond James Financial Inc. now owns 5,668,346 shares of the company’s stock worth $209,332,000 after purchasing an additional 450,094 shares during the period. Jones Financial Companies Lllp boosted its position 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 worth $169,514,000 after purchasing an additional 3,082,374 shares in the last quarter. Cetera Investment Advisers grew its holdings in Capital Group Core Equity ETF by 25.6% in the second quarter. Cetera Investment Advisers now owns 4,826,699 shares of the company’s stock valued at $178,250,000 after purchasing an additional 983,350 shares during the period. Finally, Northwestern Mutual Wealth Management Co. increased its position in shares of Capital Group Core Equity ETF by 8.8% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,865,009 shares of the company’s stock valued at $142,735,000 after buying an additional 312,926 shares in the last quarter.

Capital Group Core Equity ETF Price Performance

Shares of CGUS stock opened at $40.60 on Friday. Capital Group Core Equity ETF has a 1-year low of $28.95 and a 1-year high of $40.80. The company has a market cap of $7.83 billion, a price-to-earnings ratio of 26.31 and a beta of 0.92. The stock has a 50 day simple moving average of $40.02 and a 200-day simple moving average of $38.82.

Capital Group Core Equity ETF Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, December 29th. Stockholders of record on Friday, December 26th will be given a $0.1055 dividend. This represents a $0.42 annualized dividend and a dividend yield of 1.0%. This is a positive change from Capital Group Core Equity ETF’s previous quarterly dividend of $0.09. The ex-dividend date is Friday, December 26th.

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.