PCG Wealth Advisors LLC Grows Stock Holdings in Capital Group Core Equity ETF $CGUS

PCG Wealth Advisors LLC lifted its position in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) by 150.3% during the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 60,570 shares of the company’s stock after buying an additional 36,373 shares during the quarter. PCG Wealth Advisors LLC’s holdings in Capital Group Core Equity ETF were worth $2,694,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of CGUS. AQR Capital Management LLC purchased a new stake in Capital Group Core Equity ETF in the 1st quarter worth $527,000. Focus Partners Wealth lifted its position in shares of Capital Group Core Equity ETF by 314.0% in the first quarter. Focus Partners Wealth now owns 9,484 shares of the company’s stock valued at $317,000 after acquiring an additional 7,193 shares in the last quarter. Sei Investments Co. lifted its position in shares of Capital Group Core Equity ETF by 33.8% in the second quarter. Sei Investments Co. now owns 1,338,685 shares of the company’s stock valued at $49,438,000 after acquiring an additional 338,456 shares in the last quarter. Raymond James Financial Inc. boosted its stake in shares of Capital Group Core Equity ETF by 8.6% in the second quarter. Raymond James Financial Inc. now owns 5,668,346 shares of the company’s stock worth $209,332,000 after acquiring an additional 450,094 shares during the period. Finally, Jane Street Group LLC boosted its stake in shares of Capital Group Core Equity ETF by 11.6% in the second quarter. Jane Street Group LLC now owns 160,000 shares of the company’s stock worth $5,909,000 after acquiring an additional 16,646 shares during the period.

Capital Group Core Equity ETF Trading Down 0.1%

NYSEARCA:CGUS opened at $45.17 on Friday. The stock has a 50-day moving average price of $44.89 and a 200 day moving average price of $42.82. The stock has a market capitalization of $11.58 billion, a P/E ratio of 26.31 and a beta of 0.93. Capital Group Core Equity ETF has a 12-month low of $37.19 and a 12-month high of $46.80.

Capital Group Core Equity ETF Cuts Dividend

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