Blueprint Investment Partners LLC Invests $1.60 Million in Capital Group Core Equity ETF $CGUS

Blueprint Investment Partners LLC bought a new stake in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) during the third quarter, HoldingsChannel.com reports. The institutional investor bought 40,425 shares of the company’s stock, valued at approximately $1,598,000.

Other hedge funds also recently bought and sold shares of the company. Envestnet Asset Management Inc. raised its holdings in Capital Group Core Equity ETF by 7.8% during the third quarter. Envestnet Asset Management Inc. now owns 11,137,498 shares of the company’s stock valued at $440,377,000 after acquiring an additional 810,149 shares during the period. Raymond James Financial Inc. grew its position in shares of Capital Group Core Equity ETF by 8.6% during the second quarter. Raymond James Financial Inc. now owns 5,668,346 shares of the company’s stock worth $209,332,000 after purchasing an additional 450,094 shares in the last quarter. Cetera Investment Advisers grew its position in shares of 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 worth $178,250,000 after purchasing an additional 983,350 shares in the last quarter. Jones Financial Companies Lllp raised its stake in Capital Group Core Equity ETF by 24.8% during the 3rd quarter. Jones Financial Companies Lllp now owns 4,799,841 shares of the company’s stock valued at $188,737,000 after purchasing an additional 954,616 shares during the period. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in Capital Group Core Equity ETF by 8.8% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,865,009 shares of the company’s stock worth $142,735,000 after purchasing an additional 312,926 shares in the last quarter.

Capital Group Core Equity ETF Price Performance

CGUS stock opened at $40.77 on Tuesday. Capital Group Core Equity ETF has a 1-year low of $28.95 and a 1-year high of $41.38. The business has a 50 day simple moving average of $40.76 and a two-hundred day simple moving average of $39.97. The company has a market capitalization of $8.75 billion, a price-to-earnings ratio of 26.31 and a beta of 0.92.

Capital Group Core Equity ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, December 29th. Shareholders of record on Friday, December 26th were paid a $0.1055 dividend. This represents a $0.42 annualized dividend and a yield of 1.0%. The ex-dividend date was Friday, December 26th. This is an increase from Capital Group Core Equity ETF’s previous quarterly dividend of $0.09.

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.