Capital Group Core Equity ETF $CGUS Shares Purchased by IFP Advisors Inc

IFP Advisors Inc grew its position in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) by 3.8% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 439,025 shares of the company’s stock after purchasing an additional 16,207 shares during the period. IFP Advisors Inc owned approximately 0.17% of Capital Group Core Equity ETF worth $19,528,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Baird Financial Group Inc. raised its holdings in shares of Capital Group Core Equity ETF by 4.9% in the 2nd quarter. Baird Financial Group Inc. now owns 1,343,454 shares of the company’s stock valued at $59,757,000 after buying an additional 62,260 shares during the period. Waverly Advisors LLC boosted its holdings in Capital Group Core Equity ETF by 1,306.4% during the 2nd quarter. Waverly Advisors LLC now owns 85,920 shares of the company’s stock valued at $3,822,000 after acquiring an additional 79,811 shares during the period. Ameritas Advisory Services LLC grew its position in Capital Group Core Equity ETF by 100.7% in the 2nd quarter. Ameritas Advisory Services LLC now owns 90,955 shares of the company’s stock valued at $4,046,000 after acquiring an additional 45,628 shares in the last quarter. Kintra Wealth LLC grew its position in Capital Group Core Equity ETF by 36.9% in the 2nd quarter. Kintra Wealth LLC now owns 165,575 shares of the company’s stock valued at $7,679,000 after acquiring an additional 44,664 shares in the last quarter. Finally, PCG Wealth Advisors LLC increased its stake in Capital Group Core Equity ETF by 150.3% during the second quarter. PCG Wealth Advisors LLC now owns 60,570 shares of the company’s stock worth $2,694,000 after purchasing an additional 36,373 shares during the period.

Capital Group Core Equity ETF Stock Performance

Shares of CGUS opened at $44.99 on Wednesday. The company’s 50-day simple moving average is $44.92 and its 200-day simple moving average is $42.90. 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 market capitalization of $11.53 billion, a PE ratio of 26.31 and a beta of 0.93.

Capital Group Core Equity ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 1st. Shareholders of record on Tuesday, June 30th were issued a dividend of $0.0833 per share. The ex-dividend date was Tuesday, June 30th. This represents a $0.33 dividend on an annualized basis and a yield of 0.7%.

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.