Midwest Heritage Bank FSB Has $3.17 Million Stake in Capital Group Core Equity ETF $CGUS

Midwest Heritage Bank FSB lifted its stake in Capital Group Core Equity ETF (NYSEARCA:CGUS) by 40.8% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 110,596 shares of the company’s stock after buying an additional 32,064 shares during the period. Capital Group Core Equity ETF makes up approximately 0.9% of Midwest Heritage Bank FSB’s investment portfolio, making the stock its 19th biggest position. Midwest Heritage Bank FSB’s holdings in Capital Group Core Equity ETF were worth $3,169,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. AQR Capital Management LLC bought a new position in shares of Capital Group Core Equity ETF in the first quarter worth $527,000. Focus Partners Wealth grew its stake in Capital Group Core Equity ETF by 314.0% during the first quarter. Focus Partners Wealth now owns 9,484 shares of the company’s stock worth $317,000 after buying an additional 7,193 shares in the last quarter. Sei Investments Co. increased its holdings in Capital Group Core Equity ETF by 33.8% in the 2nd quarter. Sei Investments Co. now owns 1,338,685 shares of the company’s stock valued at $49,438,000 after buying an additional 338,456 shares during the period. Raymond James Financial Inc. lifted its holdings in shares of Capital Group Core Equity ETF by 8.6% during the 2nd quarter. Raymond James Financial Inc. now owns 5,668,346 shares of the company’s stock worth $209,332,000 after acquiring an additional 450,094 shares during the period. Finally, Jane Street Group LLC boosted its position in shares of Capital Group Core Equity ETF by 11.6% during the 2nd quarter. Jane Street Group LLC now owns 160,000 shares of the company’s stock worth $5,909,000 after acquiring an additional 16,646 shares in the last quarter.

Capital Group Core Equity ETF Price Performance

Shares of CGUS opened at $45.17 on Friday. The firm has a 50 day simple moving average of $44.89 and a two-hundred day simple moving average of $42.82. Capital Group Core Equity ETF has a one year low of $37.19 and a one year high of $46.80. The company has a market cap of $11.58 billion, a P/E ratio of 26.31 and a beta of 0.93.

Capital Group Core Equity ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 1st. Shareholders of record on Tuesday, June 30th were given a $0.0833 dividend. This represents a $0.33 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date was Tuesday, June 30th.

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.