Thoroughbred Financial Services LLC Boosts Holdings in Capital Group Core Equity ETF $CGUS

Thoroughbred Financial Services LLC boosted its stake in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) by 11.3% during the 2nd quarter, according to its most recent filing with the SEC. The firm owned 121,874 shares of the company’s stock after purchasing an additional 12,372 shares during the period. Thoroughbred Financial Services LLC owned approximately 0.07% of Capital Group Core Equity ETF worth $4,500,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the stock. LPL Financial LLC grew its holdings in Capital Group Core Equity ETF by 60.8% during the first quarter. LPL Financial LLC now owns 14,836,962 shares of the company’s stock worth $495,555,000 after acquiring an additional 5,611,806 shares during the period. Envestnet Asset Management Inc. boosted its position in Capital Group Core Equity ETF by 13.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 10,327,349 shares of the company’s stock worth $381,389,000 after purchasing an additional 1,238,324 shares in the last quarter. Raymond James Financial Inc. grew its stake in shares of Capital Group Core Equity ETF by 7.6% during the 1st quarter. Raymond James Financial Inc. now owns 5,218,252 shares of the company’s stock worth $174,290,000 after purchasing an additional 370,182 shares during the period. Jones Financial Companies Lllp grew its stake in shares of Capital Group Core Equity ETF by 176.1% during the 1st quarter. Jones Financial Companies Lllp now owns 4,833,131 shares of the company’s stock worth $169,514,000 after purchasing an additional 3,082,374 shares during the period. Finally, Cetera Investment Advisers increased its holdings in shares of 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 purchasing an additional 983,350 shares in the last quarter.

Capital Group Core Equity ETF Stock Performance

Shares of NYSEARCA CGUS opened at $39.69 on Friday. The company’s fifty day moving average price is $39.69 and its 200 day moving average price is $37.68. Capital Group Core Equity ETF has a 1 year low of $28.95 and a 1 year high of $40.80. The company has a market capitalization of $7.66 billion, a PE ratio of 26.31 and a beta of 0.92.

Capital Group Core Equity ETF Cuts Dividend

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

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.