Trueblood Wealth Management LLC Grows Stake in Capital Group Core Equity ETF $CGUS

Trueblood Wealth Management LLC increased its holdings in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) by 15.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 50,430 shares of the company’s stock after purchasing an additional 6,738 shares during the quarter. Capital Group Core Equity ETF makes up 0.8% of Trueblood Wealth Management LLC’s portfolio, making the stock its 28th biggest holding. Trueblood Wealth Management LLC’s holdings in Capital Group Core Equity ETF were worth $1,862,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the business. Golden State Wealth Management LLC purchased a new position in Capital Group Core Equity ETF during the 1st quarter valued at approximately $29,000. Chilton Capital Management LLC purchased a new position in Capital Group Core Equity ETF during the 1st quarter valued at approximately $31,000. Fifth Third Bancorp purchased a new position in Capital Group Core Equity ETF during the 2nd quarter valued at approximately $40,000. IAG Wealth Partners LLC grew its holdings in Capital Group Core Equity ETF by 514.1% during the 1st quarter. IAG Wealth Partners LLC now owns 2,180 shares of the company’s stock valued at $73,000 after buying an additional 1,825 shares in the last quarter. Finally, First PREMIER Bank purchased a new position in Capital Group Core Equity ETF during the 2nd quarter valued at approximately $83,000.

Capital Group Core Equity ETF Price Performance

NYSEARCA CGUS opened at $39.94 on Tuesday. The stock has a market capitalization of $7.52 billion, a PE ratio of 26.31 and a beta of 0.92. The business has a 50 day simple moving average of $38.79 and a two-hundred day simple moving average of $36.17. Capital Group Core Equity ETF has a 1-year low of $28.95 and a 1-year high of $40.01.

Capital Group Core Equity ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, October 1st. Shareholders of record on Tuesday, September 30th were issued a dividend of $0.0925 per share. 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 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.