Mutual Advisors LLC Buys 47,253 Shares of Capital Group Core Equity ETF $CGUS

Mutual Advisors LLC boosted its stake in Capital Group Core Equity ETF (NYSEARCA:CGUS) by 32.3% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 193,476 shares of the company’s stock after purchasing an additional 47,253 shares during the quarter. Mutual Advisors LLC’s holdings in Capital Group Core Equity ETF were worth $7,449,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. LPL Financial LLC increased its holdings in shares of Capital Group Core Equity ETF by 60.8% in the 1st quarter. LPL Financial LLC now owns 14,836,962 shares of the company’s stock worth $495,555,000 after buying an additional 5,611,806 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in Capital Group Core Equity ETF by 16.0% in the first quarter. Envestnet Asset Management Inc. now owns 9,089,025 shares of the company’s stock valued at $303,573,000 after acquiring an additional 1,254,091 shares during the last quarter. Raymond James Financial Inc. increased its stake in Capital Group Core Equity ETF by 7.6% in the first quarter. Raymond James Financial Inc. now owns 5,218,252 shares of the company’s stock valued at $174,290,000 after acquiring an additional 370,182 shares during the last quarter. Jones Financial Companies Lllp raised 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 valued at $169,514,000 after purchasing an additional 3,082,374 shares in the last quarter. Finally, Cetera Investment Advisers lifted its stake in Capital Group Core Equity ETF by 25.4% during the first quarter. Cetera Investment Advisers now owns 3,843,349 shares of the company’s stock worth $128,368,000 after purchasing an additional 779,618 shares during the last quarter.

Capital Group Core Equity ETF Trading Down 0.3%

CGUS opened at $39.26 on Wednesday. The stock has a market capitalization of $7.41 billion, a P/E ratio of 26.31 and a beta of 0.92. The stock has a 50-day moving average price of $38.98 and a 200-day moving average price of $36.38. Capital Group Core Equity ETF has a 12-month low of $28.95 and a 12-month high of $40.09.

Capital Group Core Equity ETF Cuts Dividend

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