Hopwood Nicholas Hunter Makes New $3.67 Million Investment in Capital Group Core Equity ETF $CGUS

Hopwood Nicholas Hunter bought a new position in Capital Group Core Equity ETF (NYSEARCA:CGUS) in the 2nd quarter, HoldingsChannel.com reports. The institutional investor bought 82,397 shares of the company’s stock, valued at approximately $3,665,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. NWF Advisory Services Inc. bought a new stake in shares of Capital Group Core Equity ETF during the 2nd quarter valued at about $210,000. Concurrent Investment Advisors LLC raised its stake in Capital Group Core Equity ETF by 7.4% in the second quarter. Concurrent Investment Advisors LLC now owns 600,703 shares of the company’s stock worth $18,562,000 after buying an additional 41,488 shares in the last quarter. Burford Brothers Inc. lifted its holdings in Capital Group Core Equity ETF by 1.3% in the second quarter. Burford Brothers Inc. now owns 370,125 shares of the company’s stock worth $16,463,000 after buying an additional 4,651 shares during the period. Beacon Financial Advisory LLC purchased a new stake in Capital Group Core Equity ETF in the second quarter worth about $374,000. Finally, Nwam LLC boosted its position in Capital Group Core Equity ETF by 13.5% during the 2nd quarter. Nwam LLC now owns 18,342 shares of the company’s stock valued at $816,000 after acquiring an additional 2,184 shares in the last quarter.

Capital Group Core Equity ETF Stock Performance

Shares of NYSEARCA:CGUS opened at $45.17 on Friday. The firm has a market capitalization of $11.58 billion, a P/E ratio of 26.31 and a beta of 0.93. The stock has a 50 day moving average price of $44.89 and a 200-day moving average price of $42.82. Capital Group Core Equity ETF has a 52-week low of $37.19 and a 52-week high of $46.80.

Capital Group Core Equity ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 1st. Stockholders of record on Tuesday, June 30th were given a $0.0833 dividend. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $0.33 dividend on an annualized basis and a dividend yield of 0.7%.

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.