Capital Group Core Equity ETF $CGUS is Forge Financial Services LLC’s 4th Largest Position

Forge Financial Services LLC increased its stake in Capital Group Core Equity ETF (NYSEARCA:CGUS) by 9.4% in the third quarter, Holdings Channel reports. The firm owned 426,267 shares of the company’s stock after purchasing an additional 36,511 shares during the period. Capital Group Core Equity ETF comprises 8.0% of Forge Financial Services LLC’s holdings, making the stock its 4th largest position. Forge Financial Services LLC’s holdings in Capital Group Core Equity ETF were worth $16,991,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of the stock. AQR Capital Management LLC purchased a new position in shares of Capital Group Core Equity ETF in the first quarter worth $527,000. Focus Partners Wealth increased its holdings in Capital Group Core Equity ETF by 314.0% in the 1st quarter. Focus Partners Wealth now owns 9,484 shares of the company’s stock worth $317,000 after buying an additional 7,193 shares during the period. World Investment Advisors raised its position in Capital Group Core Equity ETF by 37.1% during the 2nd quarter. World Investment Advisors now owns 88,604 shares of the company’s stock worth $3,272,000 after buying an additional 23,962 shares during the last quarter. Assetmark Inc. raised its position in Capital Group Core Equity ETF by 6.1% during the 2nd quarter. Assetmark Inc. now owns 852,157 shares of the company’s stock worth $31,470,000 after buying an additional 49,304 shares during the last quarter. Finally, Atria Investments Inc lifted its stake in Capital Group Core Equity ETF by 26.7% during the 2nd quarter. Atria Investments Inc now owns 9,633 shares of the company’s stock valued at $356,000 after acquiring an additional 2,029 shares during the period.

Capital Group Core Equity ETF Price Performance

CGUS stock opened at $41.12 on Thursday. The company has a market capitalization of $8.82 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. The firm’s fifty day simple moving average is $40.71 and its 200-day simple moving average is $39.91.

Capital Group Core Equity ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, December 29th. Shareholders of record on Friday, December 26th were given a dividend of $0.1055 per share. The ex-dividend date of this dividend was Friday, December 26th. This represents a $0.42 annualized dividend and a yield of 1.0%. This is an increase from Capital Group Core Equity ETF’s previous quarterly dividend of $0.09.

Capital Group Core Equity ETF 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.