Capital Group Core Equity ETF $CGUS Shares Acquired by JPMorgan Chase & Co.

JPMorgan Chase & Co. boosted its holdings in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) by 1,201.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 286,661 shares of the company’s stock after purchasing an additional 264,636 shares during the quarter. JPMorgan Chase & Co.’s holdings in Capital Group Core Equity ETF were worth $11,309,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the stock. Merit Financial Group LLC boosted its holdings in Capital Group Core Equity ETF by 1,624.4% in the 3rd quarter. Merit Financial Group LLC now owns 2,107,661 shares of the company’s stock worth $83,337,000 after buying an additional 1,985,435 shares during the last quarter. Cetera Investment Advisers grew its holdings in Capital Group Core Equity ETF by 25.6% in the 2nd quarter. Cetera Investment Advisers now owns 4,826,699 shares of the company’s stock valued at $178,250,000 after buying an additional 983,350 shares in the last quarter. Jones Financial Companies Lllp grew its holdings in shares of Capital Group Core Equity ETF by 24.8% in the third quarter. Jones Financial Companies Lllp now owns 4,799,841 shares of the company’s stock valued at $188,737,000 after purchasing an additional 954,616 shares during the period. Envestnet Asset Management Inc. increased its holdings in shares of Capital Group Core Equity ETF by 7.8% during the 3rd quarter. Envestnet Asset Management Inc. now owns 11,137,498 shares of the company’s stock worth $440,377,000 after buying an additional 810,149 shares during the last quarter. Finally, Summit Investment Advisory Services LLC acquired a new stake in Capital Group Core Equity ETF during the third quarter worth $24,782,000.

Capital Group Core Equity ETF Trading Down 0.5%

Shares of CGUS opened at $40.37 on Friday. The company’s 50-day moving average price is $40.74 and its 200 day moving average price is $39.99. The firm has a market cap of $8.66 billion, a P/E ratio of 26.31 and a beta of 0.92. Capital Group Core Equity ETF has a 12-month low of $28.95 and a 12-month high of $41.38.

Capital Group Core Equity ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 29th. Shareholders of record on Friday, December 26th were paid a dividend of $0.1055 per share. This represents a $0.42 dividend on an annualized basis and a 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 was 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.