IFP Advisors Inc Purchases 17,665 Shares of Capital Group Core Equity ETF $CGUS

IFP Advisors Inc lifted its position in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) by 4.6% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 398,116 shares of the company’s stock after buying an additional 17,665 shares during the period. IFP Advisors Inc’s holdings in Capital Group Core Equity ETF were worth $15,742,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the company. Lantern Wealth Advisors LLC grew its position in Capital Group Core Equity ETF by 3.3% during the third quarter. Lantern Wealth Advisors LLC now owns 10,060 shares of the company’s stock valued at $398,000 after acquiring an additional 324 shares during the last quarter. CIBC Private Wealth Group LLC lifted its holdings in shares of Capital Group Core Equity ETF by 79.6% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 4,976 shares of the company’s stock worth $197,000 after acquiring an additional 2,206 shares during the last quarter. Tcfg Wealth Management LLC boosted its stake in shares of Capital Group Core Equity ETF by 15.7% in the 3rd quarter. Tcfg Wealth Management LLC now owns 31,266 shares of the company’s stock valued at $1,236,000 after purchasing an additional 4,240 shares in the last quarter. Centaurus Financial Inc. boosted its stake in shares of Capital Group Core Equity ETF by 4.9% in the 3rd quarter. Centaurus Financial Inc. now owns 143,382 shares of the company’s stock valued at $5,669,000 after purchasing an additional 6,717 shares in the last quarter. Finally, Faithward Advisors LLC grew its holdings in shares of Capital Group Core Equity ETF by 14.3% during the 3rd quarter. Faithward Advisors LLC now owns 18,341 shares of the company’s stock valued at $725,000 after purchasing an additional 2,288 shares during the last quarter.

Capital Group Core Equity ETF Stock Down 1.4%

Shares of NYSEARCA:CGUS opened at $39.04 on Thursday. The stock has a market cap of $8.38 billion, a PE ratio of 26.31 and a beta of 0.92. The company’s fifty day moving average is $40.59 and its 200 day moving average is $40.08. Capital Group Core Equity ETF has a 52 week low of $28.95 and a 52 week high of $41.38.

Capital Group Core Equity ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, December 29th. Stockholders of record on Friday, December 26th were paid a $0.1055 dividend. This is a boost from Capital Group Core Equity ETF’s previous quarterly dividend of $0.09. The ex-dividend date of this dividend was Friday, December 26th. This represents a $0.42 dividend on an annualized basis and a dividend yield of 1.1%.

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.