Northwestern Mutual Wealth Management Co. Acquires 180,079 Shares of Capital Group Core Equity ETF $CGUS

Northwestern Mutual Wealth Management Co. grew its stake in Capital Group Core Equity ETF (NYSEARCA:CGUS) by 4.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,324,780 shares of the company’s stock after purchasing an additional 180,079 shares during the period. Northwestern Mutual Wealth Management Co. owned approximately 2.02% of Capital Group Core Equity ETF worth $173,986,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of CGUS. Capital International Investors lifted its stake in shares of Capital Group Core Equity ETF by 17,866.5% in the 3rd quarter. Capital International Investors now owns 5,978,364 shares of the company’s stock valued at $236,385,000 after purchasing an additional 5,945,089 shares during the last quarter. Raymond James Financial Inc. lifted its stake in shares of Capital Group Core Equity ETF by 24.0% in the 3rd quarter. Raymond James Financial Inc. now owns 7,028,681 shares of the company’s stock valued at $277,914,000 after purchasing an additional 1,360,335 shares during the last quarter. Jones Financial Companies Lllp lifted its stake in shares of Capital Group Core Equity ETF by 24.8% in 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 last quarter. Silver Oak Securities Incorporated bought a new stake in shares of Capital Group Core Equity ETF in the 4th quarter valued at approximately $34,761,000. Finally, Envestnet Asset Management Inc. lifted its stake in shares of Capital Group Core Equity ETF by 7.8% in the 3rd quarter. Envestnet Asset Management Inc. now owns 11,137,498 shares of the company’s stock valued at $440,377,000 after purchasing an additional 810,149 shares during the last quarter.

Capital Group Core Equity ETF Trading Up 0.5%

Capital Group Core Equity ETF stock opened at $44.14 on Friday. The firm has a 50-day moving average price of $41.40 and a 200-day moving average price of $40.74. The firm has a market capitalization of $10.60 billion, a PE ratio of 26.31 and a beta of 0.94. Capital Group Core Equity ETF has a 12-month low of $34.67 and a 12-month high of $44.21.

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.