AA Financial Advisors LLC Buys 32,466 Shares of Capital Group Core Equity ETF $CGUS

AA Financial Advisors LLC increased its stake in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) by 5.4% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 630,226 shares of the company’s stock after purchasing an additional 32,466 shares during the period. Capital Group Core Equity ETF makes up 3.3% of AA Financial Advisors LLC’s investment portfolio, making the stock its 5th largest holding. AA Financial Advisors LLC’s holdings in Capital Group Core Equity ETF were worth $28,045,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Cetera Investment Advisers lifted its position in Capital Group Core Equity ETF by 6.3% during the first quarter. Cetera Investment Advisers now owns 6,314,257 shares of the company’s stock valued at $242,594,000 after purchasing an additional 373,840 shares during the period. Royal Bank of Canada grew its position in Capital Group Core Equity ETF by 11.2% in the 1st quarter. Royal Bank of Canada now owns 2,510,189 shares of the company’s stock worth $96,442,000 after purchasing an additional 251,825 shares during the period. Sei Investments Co. grew its position in Capital Group Core Equity ETF by 16.8% in the 1st quarter. Sei Investments Co. now owns 2,346,850 shares of the company’s stock worth $90,166,000 after purchasing an additional 336,992 shares during the period. Private Advisor Group LLC grew its position in Capital Group Core Equity ETF by 5.8% in the 1st quarter. Private Advisor Group LLC now owns 2,116,973 shares of the company’s stock worth $81,334,000 after purchasing an additional 115,820 shares during the period. Finally, Baird Financial Group Inc. raised its stake in Capital Group Core Equity ETF by 4.9% during the 2nd quarter. Baird Financial Group Inc. now owns 1,343,454 shares of the company’s stock valued at $59,757,000 after buying an additional 62,260 shares during the last quarter.

Capital Group Core Equity ETF Stock Up 0.5%

CGUS traded up $0.24 during mid-day trading on Monday, reaching $44.83. 715,692 shares of the company traded hands, compared to its average volume of 1,122,667. The company’s fifty day moving average price is $45.06 and its 200-day moving average price is $43.90. The stock has a market capitalization of $12.15 billion, a P/E ratio of 26.31 and a beta of 0.93. 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 Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, October 1st. Stockholders of record on Wednesday, September 30th were paid a $0.0901 dividend. This is an increase from Capital Group Core Equity ETF’s previous quarterly dividend of $0.0833. The ex-dividend date was Wednesday, September 30th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 0.8%.

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.