IFG Advisory LLC Purchases 10,637 Shares of Capital Group Core Equity ETF $CGUS

IFG Advisory LLC boosted its position in Capital Group Core Equity ETF (NYSEARCA:CGUS) by 62.0% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 27,806 shares of the company’s stock after purchasing an additional 10,637 shares during the quarter. IFG Advisory LLC’s holdings in Capital Group Core Equity ETF were worth $1,027,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Golden State Wealth Management LLC bought a new position in Capital Group Core Equity ETF in the first quarter worth about $29,000. Truist Financial Corp grew its stake in shares of Capital Group Core Equity ETF by 8.8% during the second quarter. Truist Financial Corp now owns 186,633 shares of the company’s stock worth $6,892,000 after acquiring an additional 15,138 shares during the last quarter. Cerity Partners LLC grew its stake in shares of Capital Group Core Equity ETF by 2.9% during the first quarter. Cerity Partners LLC now owns 31,173 shares of the company’s stock worth $1,041,000 after acquiring an additional 865 shares during the last quarter. ORG Partners LLC grew its stake in shares of Capital Group Core Equity ETF by 799.5% during the second quarter. ORG Partners LLC now owns 9,148 shares of the company’s stock worth $337,000 after acquiring an additional 8,131 shares during the last quarter. Finally, Tempus Wealth Planning LLC grew its stake in shares of Capital Group Core Equity ETF by 4.6% during the second quarter. Tempus Wealth Planning LLC now owns 55,855 shares of the company’s stock worth $2,063,000 after acquiring an additional 2,453 shares during the last quarter.

Capital Group Core Equity ETF Stock Performance

Shares of CGUS stock opened at $40.26 on Friday. The stock’s 50-day simple moving average is $39.41 and its 200-day simple moving average is $37.15. Capital Group Core Equity ETF has a fifty-two week low of $28.95 and a fifty-two week high of $40.80. The firm has a market capitalization of $7.73 billion, a price-to-earnings ratio of 26.31 and a beta of 0.92.

Capital Group Core Equity ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, October 1st. Shareholders of record on Tuesday, September 30th were issued a $0.0925 dividend. This represents a $0.37 annualized dividend and a yield of 0.9%. The ex-dividend date was Tuesday, September 30th.

Capital Group Core Equity ETF 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.