Wedbush Securities Inc. Acquires 16,679 Shares of Capital Group Core Equity ETF $CGUS

Wedbush Securities Inc. bought a new position in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 16,679 shares of the company’s stock, valued at approximately $742,000.

Other large investors have also recently bought and sold shares of the company. BIP Wealth LLC lifted its stake in Capital Group Core Equity ETF by 2.7% during the third quarter. BIP Wealth LLC now owns 695,988 shares of the company’s stock worth $30,971,000 after purchasing an additional 18,517 shares during the last quarter. Root Financial Partners LLC increased its stake in Capital Group Core Equity ETF by 4.4% in the third 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 during the last quarter. Seamount Financial Group Inc. increased its stake in Capital Group Core Equity ETF by 7.9% in the third quarter. Seamount Financial Group Inc. now owns 126,314 shares of the company’s stock valued at $5,621,000 after purchasing an additional 9,247 shares during the last quarter. Axxcess Wealth Management LLC increased its stake in Capital Group Core Equity ETF by 6.9% in the third quarter. Axxcess Wealth Management LLC now owns 24,312 shares of the company’s stock valued at $1,082,000 after purchasing an additional 1,562 shares during the last quarter. Finally, Cushing Capital Partners LLC increased 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 valued at $5,595,000 after purchasing an additional 398 shares during the last quarter.

Capital Group Core Equity ETF Trading Up 0.6%

CGUS stock opened at $44.33 on Tuesday. Capital Group Core Equity ETF has a twelve month low of $37.19 and a twelve month high of $46.80. The company’s 50 day moving average is $44.89 and its two-hundred day moving average is $42.90. The stock has a market cap of $12.10 billion, a P/E ratio of 26.31 and a beta of 0.93.

Capital Group Core Equity ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, October 1st. Stockholders of record on Wednesday, September 30th were issued a $0.0901 dividend. This represents a $0.36 annualized dividend and a dividend yield of 0.8%. The ex-dividend date was Wednesday, September 30th. This is a positive change from Capital Group Core Equity ETF’s previous quarterly dividend of $0.0833.

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.