Capital Group Core Equity ETF (NYSEARCA:CGUS – Get Free Report) was the target of a significant drop in short interest in the month of October. As of October 15th, there was short interest totaling 209,328 shares, a drop of 84.4% from the September 30th total of 1,343,013 shares. Based on an average trading volume of 835,291 shares, the short-interest ratio is currently 0.3 days. Approximately 0.1% of the company’s stock are sold short.
Capital Group Core Equity ETF Trading Up 0.5%
NYSEARCA:CGUS opened at $44.55 on Tuesday. The stock has a market cap of $12.16 billion, a P/E ratio of 26.31 and a beta of 0.93. Capital Group Core Equity ETF has a 1-year low of $37.19 and a 1-year high of $46.80. The stock has a 50 day simple moving average of $44.89 and a 200 day simple moving average of $42.90.
Capital Group Core Equity ETF Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 1st. Stockholders of record on Wednesday, September 30th were given a dividend of $0.0901 per share. This represents a $0.36 dividend on an annualized basis and a dividend yield of 0.8%. This is a positive change from Capital Group Core Equity ETF’s previous quarterly dividend of $0.0833. The ex-dividend date was Wednesday, September 30th.
Institutional Trading of Capital Group Core Equity ETF
Large investors have recently added to or reduced their stakes in the stock. Root Financial Partners LLC boosted its stake in Capital Group Core Equity ETF by 4.4% during the third quarter. Root Financial Partners LLC now owns 6,374 shares of the company’s stock worth $284,000 after buying an additional 269 shares in the last quarter. Tempus Wealth Planning LLC boosted its stake in Capital Group Core Equity ETF by 0.6% during the 3rd quarter. Tempus Wealth Planning LLC now owns 47,099 shares of the company’s stock worth $2,096,000 after acquiring an additional 291 shares during the last quarter. CWS Financial Advisors LLC increased its position in shares of Capital Group Core Equity ETF by 0.7% in the 3rd quarter. CWS Financial Advisors LLC now owns 40,214 shares of the company’s stock valued at $1,790,000 after buying an additional 292 shares in the last quarter. Mascagni Wealth Management Inc. raised its position in shares of Capital Group Core Equity ETF by 4.1% during the first quarter. Mascagni Wealth Management Inc. now owns 7,931 shares of the company’s stock worth $305,000 after purchasing an additional 313 shares during the period. Finally, Cushing Capital Partners LLC boosted its holdings in shares of Capital Group Core Equity ETF by 0.3% in the third quarter. Cushing Capital Partners LLC now owns 125,731 shares of the company’s stock valued at $5,595,000 after buying an additional 398 shares during the period.
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.
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