Woodmont Investment Counsel LLC Increases Holdings in Capital Group Core Equity ETF $CGUS

Woodmont Investment Counsel LLC grew its holdings in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) by 12.7% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 103,409 shares of the company’s stock after purchasing an additional 11,669 shares during the quarter. Woodmont Investment Counsel LLC’s holdings in Capital Group Core Equity ETF were worth $3,819,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in CGUS. Golden State Wealth Management LLC purchased a new stake in shares of Capital Group Core Equity ETF during the 1st quarter valued at $29,000. Chilton Capital Management LLC purchased a new stake in shares of Capital Group Core Equity ETF during the 1st quarter valued at $31,000. Fifth Third Bancorp purchased a new stake in shares of Capital Group Core Equity ETF during the 2nd quarter valued at $40,000. IAG Wealth Partners LLC increased its position in shares of Capital Group Core Equity ETF by 514.1% during the 1st quarter. IAG Wealth Partners LLC now owns 2,180 shares of the company’s stock valued at $73,000 after purchasing an additional 1,825 shares during the last quarter. Finally, First PREMIER Bank purchased a new stake in shares of Capital Group Core Equity ETF during the 2nd quarter valued at $83,000.

Capital Group Core Equity ETF Stock Performance

CGUS stock opened at $39.82 on Monday. The company has a market capitalization of $7.50 billion, a price-to-earnings ratio of 26.31 and a beta of 0.92. Capital Group Core Equity ETF has a fifty-two week low of $28.95 and a fifty-two week high of $40.01. The stock has a fifty day moving average of $38.76 and a 200-day moving average of $36.13.

Capital Group Core Equity ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, October 1st. Stockholders of record on Tuesday, September 30th were paid a dividend of $0.0925 per share. The ex-dividend date was Tuesday, September 30th. This represents a $0.37 annualized dividend and a dividend yield of 0.9%.

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.