Capital Group Core Equity ETF $CGUS Shares Acquired by Sovran Advisors LLC

Sovran Advisors LLC lifted its position in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) by 29.6% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 161,873 shares of the company’s stock after acquiring an additional 36,941 shares during the period. Sovran Advisors LLC owned about 0.08% of Capital Group Core Equity ETF worth $6,504,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of CGUS. Pinnacle Bancorp Inc. boosted its stake in Capital Group Core Equity ETF by 234.4% in the third quarter. Pinnacle Bancorp Inc. now owns 642 shares of the company’s stock valued at $25,000 after acquiring an additional 450 shares during the period. Fifth Third Bancorp bought a new position in Capital Group Core Equity ETF during the 2nd quarter worth $40,000. Chilton Capital Management LLC increased its position in Capital Group Core Equity ETF by 149.4% in the second quarter. Chilton Capital Management LLC now owns 2,332 shares of the company’s stock worth $86,000 after buying an additional 1,397 shares during the period. Financial Perspectives Inc lifted its stake in Capital Group Core Equity ETF by 43.3% in the third quarter. Financial Perspectives Inc now owns 2,209 shares of the company’s stock valued at $87,000 after buying an additional 668 shares during the last quarter. Finally, IAG Wealth Partners LLC boosted its holdings in shares of Capital Group Core Equity ETF by 14.9% during the second quarter. IAG Wealth Partners LLC now owns 2,505 shares of the company’s stock valued at $93,000 after acquiring an additional 325 shares during the period.

Capital Group Core Equity ETF Stock Up 0.1%

CGUS stock opened at $40.85 on Monday. The stock has a market cap of $8.66 billion, a PE ratio of 26.31 and a beta of 0.92. The firm’s 50-day simple moving average is $40.29 and its 200 day simple moving average is $39.46. Capital Group Core Equity ETF has a fifty-two week low of $28.95 and a fifty-two week high of $41.21.

Capital Group Core Equity ETF Increases Dividend

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

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.