Mutual Advisors LLC Buys 18,586 Shares of Capital Group Core Equity ETF $CGUS

Mutual Advisors LLC raised its stake in Capital Group Core Equity ETF (NYSEARCA:CGUS) by 9.6% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 212,062 shares of the company’s stock after acquiring an additional 18,586 shares during the period. Mutual Advisors LLC owned approximately 0.11% of Capital Group Core Equity ETF worth $8,453,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the stock. Envestnet Asset Management Inc. grew its position in shares of Capital Group Core Equity ETF by 13.6% during the second quarter. Envestnet Asset Management Inc. now owns 10,327,349 shares of the company’s stock valued at $381,389,000 after purchasing an additional 1,238,324 shares in the last quarter. Raymond James Financial Inc. boosted its stake in Capital Group Core Equity ETF by 8.6% during the second quarter. Raymond James Financial Inc. now owns 5,668,346 shares of the company’s stock valued at $209,332,000 after buying an additional 450,094 shares during the last quarter. Cetera Investment Advisers grew its holdings in Capital Group Core Equity ETF by 25.6% during the 2nd quarter. Cetera Investment Advisers now owns 4,826,699 shares of the company’s stock valued at $178,250,000 after buying an additional 983,350 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in Capital Group Core Equity ETF by 8.8% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,865,009 shares of the company’s stock valued at $142,735,000 after buying an additional 312,926 shares in the last quarter. Finally, Commonwealth Equity Services LLC increased its stake in Capital Group Core Equity ETF by 7.1% in the 3rd quarter. Commonwealth Equity Services LLC now owns 3,659,263 shares of the company’s stock worth $144,687,000 after acquiring an additional 243,310 shares during the last quarter.

Capital Group Core Equity ETF Price Performance

Shares of CGUS opened at $40.95 on Friday. The stock has a market capitalization of $8.85 billion, a price-to-earnings ratio of 26.31 and a beta of 0.92. Capital Group Core Equity ETF has a 1 year low of $28.95 and a 1 year high of $41.38. The business’s 50 day simple moving average is $40.51 and its 200-day simple moving average is $39.57.

Capital Group Core Equity ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 29th. Shareholders of record on Friday, December 26th were given a dividend of $0.1055 per share. This represents a $0.42 annualized dividend and a yield of 1.0%. This is an increase from Capital Group Core Equity ETF’s previous quarterly dividend of $0.09. The ex-dividend date was Friday, December 26th.

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.