Kintra Wealth LLC Purchases 44,664 Shares of Capital Group Core Equity ETF $CGUS

Kintra Wealth LLC raised its position in Capital Group Core Equity ETF (NYSEARCA:CGUS) by 36.9% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 165,575 shares of the company’s stock after buying an additional 44,664 shares during the quarter. Kintra Wealth LLC’s holdings in Capital Group Core Equity ETF were worth $7,679,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Beacon Financial Advisory LLC bought a new stake in Capital Group Core Equity ETF in the 2nd quarter valued at about $374,000. HighTower Advisors LLC increased its holdings in shares of Capital Group Core Equity ETF by 12.8% during the fourth quarter. HighTower Advisors LLC now owns 193,659 shares of the company’s stock worth $7,791,000 after purchasing an additional 21,997 shares during the period. Rothschild Wealth LLC acquired a new stake in shares of Capital Group Core Equity ETF in the fourth quarter valued at approximately $879,000. Western Wealth Management LLC raised its position in shares of Capital Group Core Equity ETF by 11.6% in the fourth quarter. Western Wealth Management LLC now owns 125,762 shares of the company’s stock valued at $5,059,000 after buying an additional 13,042 shares in the last quarter. Finally, Vestmark Advisory Solutions Inc. boosted its stake in shares of Capital Group Core Equity ETF by 10.7% in the fourth quarter. Vestmark Advisory Solutions Inc. now owns 510,219 shares of the company’s stock valued at $20,526,000 after buying an additional 49,244 shares during the period.

Capital Group Core Equity ETF Price Performance

Shares of NYSEARCA:CGUS opened at $45.17 on Friday. The company has a market capitalization of $11.58 billion, a P/E ratio of 26.31 and a beta of 0.93. Capital Group Core Equity ETF has a 1 year low of $37.19 and a 1 year high of $46.80. The business’s 50 day simple moving average is $44.89 and its 200 day simple moving average is $42.82.

Capital Group Core Equity ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 1st. Stockholders of record on Tuesday, June 30th were issued a dividend of $0.0833 per share. This represents a $0.33 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend 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.