Private Advisor Group LLC Buys 161,511 Shares of Capital Group Core Equity ETF $CGUS

Private Advisor Group LLC raised its stake in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) by 13.5% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 1,361,308 shares of the company’s stock after purchasing an additional 161,511 shares during the period. Private Advisor Group LLC’s holdings in Capital Group Core Equity ETF were worth $53,826,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. Merit Financial Group LLC lifted its position in shares of Capital Group Core Equity ETF by 1,624.4% during the 3rd quarter. Merit Financial Group LLC now owns 2,107,661 shares of the company’s stock valued at $83,337,000 after buying an additional 1,985,435 shares in the last quarter. Cetera Investment Advisers lifted its holdings in Capital Group Core Equity ETF by 25.6% during the second quarter. Cetera Investment Advisers now owns 4,826,699 shares of the company’s stock valued at $178,250,000 after purchasing an additional 983,350 shares in the last quarter. Jones Financial Companies Lllp boosted its position in shares of Capital Group Core Equity ETF by 24.8% in the third quarter. Jones Financial Companies Lllp now owns 4,799,841 shares of the company’s stock worth $188,737,000 after purchasing an additional 954,616 shares during the period. Envestnet Asset Management Inc. increased its stake in shares of Capital Group Core Equity ETF by 7.8% in the third quarter. Envestnet Asset Management Inc. now owns 11,137,498 shares of the company’s stock worth $440,377,000 after purchasing an additional 810,149 shares in the last quarter. Finally, Summit Investment Advisory Services LLC bought a new stake in shares of Capital Group Core Equity ETF during the 3rd quarter valued at $24,782,000.

Capital Group Core Equity ETF Stock Performance

CGUS opened at $39.76 on Monday. The stock has a market cap of $8.53 billion, a price-to-earnings ratio of 26.31 and a beta of 0.92. The firm’s fifty day moving average is $40.73 and its 200 day moving average is $40.03. Capital Group Core Equity ETF has a fifty-two week low of $28.95 and a fifty-two week high of $41.38.

Capital Group Core Equity ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 29th. Stockholders of record on Friday, December 26th were paid a $0.1055 dividend. This represents a $0.42 dividend on an annualized basis and a dividend yield of 1.1%. This is a positive change from Capital Group Core Equity ETF’s previous quarterly dividend of $0.09. The ex-dividend date of this dividend was Friday, December 26th.

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.