Ascent Group LLC Increases Holdings in Capital Group Core Equity ETF $CGUS

Ascent Group LLC increased its stake in Capital Group Core Equity ETF (NYSEARCA:CGUS) by 10.9% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 17,808 shares of the company’s stock after purchasing an additional 1,745 shares during the quarter. Ascent Group LLC’s holdings in Capital Group Core Equity ETF were worth $595,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Freedom Investment Management Inc. grew its position in Capital Group Core Equity ETF by 3.1% during the first quarter. Freedom Investment Management Inc. now owns 11,612 shares of the company’s stock worth $388,000 after buying an additional 345 shares in the last quarter. Kingswood Wealth Advisors LLC grew its position in Capital Group Core Equity ETF by 0.7% during the first quarter. Kingswood Wealth Advisors LLC now owns 63,915 shares of the company’s stock worth $2,135,000 after buying an additional 449 shares in the last quarter. Comerica Bank grew its position in Capital Group Core Equity ETF by 4.0% during the first quarter. Comerica Bank now owns 11,769 shares of the company’s stock worth $393,000 after buying an additional 456 shares in the last quarter. Ashton Thomas Securities LLC grew its position in Capital Group Core Equity ETF by 1.0% during the first quarter. Ashton Thomas Securities LLC now owns 51,710 shares of the company’s stock worth $1,727,000 after buying an additional 500 shares in the last quarter. Finally, Titleist Asset Management LLC grew its position in Capital Group Core Equity ETF by 7.8% during the first quarter. Titleist Asset Management LLC now owns 8,126 shares of the company’s stock worth $271,000 after buying an additional 586 shares in the last quarter.

Capital Group Core Equity ETF Stock Up 0.8%

Capital Group Core Equity ETF stock opened at $39.21 on Thursday. Capital Group Core Equity ETF has a 52 week low of $28.95 and a 52 week high of $39.34. The business has a 50-day simple moving average of $38.14 and a 200 day simple moving average of $35.48. The stock has a market cap of $6.69 billion, a price-to-earnings ratio of 26.31 and a beta of 0.92.

Capital Group Core Equity ETF Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, July 1st. Investors of record on Monday, June 30th were given a $0.0971 dividend. The ex-dividend date was Monday, June 30th. This represents a $0.39 annualized dividend and a yield of 1.0%.

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.