18,517 Capital Group Core Equity ETF $CGUS Shares Bought by BIP Wealth LLC

BIP Wealth LLC grew its stake in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) by 2.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 695,988 shares of the company’s stock after acquiring an additional 18,517 shares during the period. Capital Group Core Equity ETF accounts for approximately 0.8% of BIP Wealth LLC’s portfolio, making the stock its 25th largest holding. BIP Wealth LLC’s holdings in Capital Group Core Equity ETF were worth $30,971,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Root Financial Partners LLC boosted its stake in shares of Capital Group Core Equity ETF by 4.4% in the 3rd quarter. Root Financial Partners LLC now owns 6,374 shares of the company’s stock valued at $284,000 after purchasing an additional 269 shares in the last quarter. Seamount Financial Group Inc. raised its position in Capital Group Core Equity ETF by 7.9% in the 3rd quarter. Seamount Financial Group Inc. now owns 126,314 shares of the company’s stock worth $5,621,000 after purchasing an additional 9,247 shares during the period. Axxcess Wealth Management LLC raised its position in Capital Group Core Equity ETF by 6.9% in the 3rd quarter. Axxcess Wealth Management LLC now owns 24,312 shares of the company’s stock worth $1,082,000 after purchasing an additional 1,562 shares during the period. Cushing Capital Partners LLC lifted its stake in Capital Group Core Equity ETF by 0.3% in the third quarter. Cushing Capital Partners LLC now owns 125,731 shares of the company’s stock worth $5,595,000 after purchasing an additional 398 shares during the last quarter. Finally, Tenet Wealth Partners LLC bought a new stake in Capital Group Core Equity ETF in the third quarter worth $205,000.

Capital Group Core Equity ETF Trading Down 0.7%

Shares of NYSEARCA:CGUS opened at $44.05 on Friday. Capital Group Core Equity ETF has a 12-month low of $37.19 and a 12-month high of $46.80. The stock’s 50-day moving average price is $44.91 and its 200-day moving average price is $44.07. The stock has a market capitalization of $12.07 billion, a P/E ratio of 26.31 and a beta of 0.93.

Capital Group Core Equity ETF Increases Dividend

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

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.