GWN Securities Inc. Cuts Position in Capital Group Core Equity ETF $CGUS

GWN Securities Inc. cut its stake in Capital Group Core Equity ETF (NYSEARCA:CGUS) by 52.8% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 22,540 shares of the company’s stock after selling 25,232 shares during the period. GWN Securities Inc.’s holdings in Capital Group Core Equity ETF were worth $832,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the business. LPL Financial LLC lifted its stake in Capital Group Core Equity ETF by 60.8% in the first quarter. LPL Financial LLC now owns 14,836,962 shares of the company’s stock worth $495,555,000 after purchasing an additional 5,611,806 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in Capital Group Core Equity ETF by 13.6% in the second 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 during the last quarter. Raymond James Financial Inc. lifted its stake in Capital Group Core Equity ETF by 7.6% in the first 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 last quarter. Jones Financial Companies Lllp lifted its stake in Capital Group Core Equity ETF by 176.1% in the first 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 last quarter. Finally, Cetera Investment Advisers lifted its stake in Capital Group Core Equity ETF by 25.4% in the first quarter. Cetera Investment Advisers now owns 3,843,349 shares of the company’s stock worth $128,368,000 after purchasing an additional 779,618 shares during the last quarter.

Capital Group Core Equity ETF Stock Up 0.3%

Capital Group Core Equity ETF stock opened at $40.61 on Wednesday. The company has a market capitalization of $7.78 billion, a PE ratio of 26.31 and a beta of 0.92. The firm has a fifty day simple moving average of $39.28 and a two-hundred day simple moving average of $36.97. Capital Group Core Equity ETF has a twelve month low of $28.95 and a twelve month high of $40.71.

Capital Group Core Equity ETF Cuts Dividend

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

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.