Bridgewealth Advisory Group LLC Grows Stake in Capital Group Core Equity ETF $CGUS

Bridgewealth Advisory Group LLC lifted its stake in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) by 12.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 329,916 shares of the company’s stock after purchasing an additional 35,260 shares during the quarter. Capital Group Core Equity ETF comprises 2.9% of Bridgewealth Advisory Group LLC’s investment portfolio, making the stock its 9th biggest holding. Bridgewealth Advisory Group LLC’s holdings in Capital Group Core Equity ETF were worth $13,273,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. Pflug Koory LLC bought a new position in shares of Capital Group Core Equity ETF during the 4th quarter worth about $25,000. Pinnacle Bancorp Inc. boosted its position in shares of Capital Group Core Equity ETF by 234.4% during the 3rd quarter. Pinnacle Bancorp Inc. now owns 642 shares of the company’s stock worth $25,000 after purchasing an additional 450 shares in the last quarter. First Horizon Corp bought a new position in shares of Capital Group Core Equity ETF during the 4th quarter worth about $32,000. CoreCap Advisors LLC lifted its position in Capital Group Core Equity ETF by 41.0% in the 4th quarter. CoreCap Advisors LLC now owns 1,101 shares of the company’s stock valued at $44,000 after acquiring an additional 320 shares in the last quarter. Finally, Huntington National Bank bought a new position in Capital Group Core Equity ETF in the 3rd quarter valued at about $50,000.

Capital Group Core Equity ETF Stock Performance

Shares of NYSEARCA CGUS opened at $43.24 on Wednesday. Capital Group Core Equity ETF has a fifty-two week low of $34.15 and a fifty-two week high of $43.37. The stock has a market cap of $10.38 billion, a price-to-earnings ratio of 26.31 and a beta of 0.94. The firm’s 50-day simple moving average is $40.53 and its 200 day simple moving average is $40.45.

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.