Capital Group Core Equity ETF $CGUS Stock Position Boosted by M.E. Allison & CO. Inc.

M.E. Allison & CO. Inc. grew its holdings in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) by 27.7% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 71,000 shares of the company’s stock after buying an additional 15,402 shares during the period. Capital Group Core Equity ETF accounts for about 2.0% of M.E. Allison & CO. Inc.’s holdings, making the stock its 10th largest holding. M.E. Allison & CO. Inc.’s holdings in Capital Group Core Equity ETF were worth $2,807,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in CGUS. VestGen Investment Management lifted its stake in Capital Group Core Equity ETF by 1.8% in the second quarter. VestGen Investment Management now owns 15,678 shares of the company’s stock valued at $579,000 after buying an additional 276 shares during the last quarter. IAG Wealth Partners LLC boosted its stake in Capital Group Core Equity ETF by 14.9% during the 2nd quarter. IAG Wealth Partners LLC now owns 2,505 shares of the company’s stock worth $93,000 after purchasing an additional 325 shares during the period. Freedom Investment Management Inc. raised its holdings in shares of Capital Group Core Equity ETF by 3.1% in the first quarter. Freedom Investment Management Inc. now owns 11,612 shares of the company’s stock valued at $388,000 after buying an additional 345 shares during the last quarter. Moloney Securities Asset Management LLC boosted its stake in shares of Capital Group Core Equity ETF by 1.0% during the second quarter. Moloney Securities Asset Management LLC now owns 35,996 shares of the company’s stock worth $1,329,000 after buying an additional 349 shares during the period. Finally, 180 Wealth Advisors LLC grew its stake in shares of Capital Group Core Equity ETF by 1.3% in the 2nd quarter. 180 Wealth Advisors LLC now owns 31,269 shares of the company’s stock valued at $1,155,000 after purchasing an additional 398 shares during the last quarter.

Capital Group Core Equity ETF Stock Down 1.1%

Shares of NYSEARCA:CGUS opened at $39.44 on Thursday. Capital Group Core Equity ETF has a fifty-two week low of $28.95 and a fifty-two week high of $40.80. The firm’s 50-day simple moving average is $39.87 and its 200-day simple moving average is $38.61. The company has a market cap of $7.61 billion, a price-to-earnings ratio of 26.31 and a beta of 0.92.

Capital Group Core Equity ETF Cuts Dividend

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

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.