Valmark Advisers Inc. Increases Holdings in Capital Group Core Equity ETF $CGUS

Valmark Advisers Inc. increased its position in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) by 18.8% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 478,224 shares of the company’s stock after purchasing an additional 75,660 shares during the quarter. Valmark Advisers Inc. owned 0.25% of Capital Group Core Equity ETF worth $18,909,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the company. Envestnet Asset Management Inc. lifted its stake in Capital Group Core Equity ETF by 13.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 10,327,349 shares of the company’s stock valued at $381,389,000 after acquiring an additional 1,238,324 shares during the period. Raymond James Financial Inc. lifted its position 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 purchasing an additional 450,094 shares during the period. Cetera Investment Advisers lifted its position in Capital Group Core Equity ETF by 25.6% during the second 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 during the period. Northwestern Mutual Wealth Management Co. boosted its holdings in Capital Group Core Equity ETF by 8.8% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,865,009 shares of the company’s stock valued at $142,735,000 after purchasing an additional 312,926 shares during the last quarter. Finally, Commonwealth Equity Services LLC grew its position in Capital Group Core Equity ETF by 7.1% during the 3rd quarter. Commonwealth Equity Services LLC now owns 3,659,263 shares of the company’s stock worth $144,687,000 after purchasing an additional 243,310 shares during the period.

Capital Group Core Equity ETF Stock Performance

NYSEARCA CGUS opened at $41.07 on Friday. The firm has a market capitalization of $8.52 billion, a P/E ratio of 26.31 and a beta of 0.92. The stock has a 50-day simple moving average of $40.13 and a two-hundred day simple moving average of $39.15. Capital Group Core Equity ETF has a fifty-two week low of $28.95 and a fifty-two week high of $41.14.

Capital Group Core Equity ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, December 29th. Shareholders of record on Friday, December 26th were issued a $0.1055 dividend. The ex-dividend date of this dividend was Friday, December 26th. This is a boost from Capital Group Core Equity ETF’s previous quarterly dividend of $0.09. This represents a $0.42 dividend on an annualized basis and a yield of 1.0%.

About Capital Group Core Equity ETF

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.