Capital Group Core Equity ETF $CGUS Stock Sold by Midwest Heritage Bank FSB

Midwest Heritage Bank FSB lessened its holdings in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) by 1.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,061,799 shares of the company’s stock after selling 19,717 shares during the quarter. Capital Group Core Equity ETF makes up about 13.8% of Midwest Heritage Bank FSB’s portfolio, making the stock its 2nd biggest holding. Midwest Heritage Bank FSB owned approximately 0.39% of Capital Group Core Equity ETF worth $47,250,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Beacon Financial Advisory LLC purchased a new stake in shares of Capital Group Core Equity ETF in the second quarter valued at about $374,000. HB Wealth Management LLC acquired a new stake in Capital Group Core Equity ETF during the second quarter worth about $866,000. Stephens Inc. AR increased its position in Capital Group Core Equity ETF by 44.2% during the first quarter. Stephens Inc. AR now owns 394,659 shares of the company’s stock worth $15,163,000 after purchasing an additional 121,004 shares during the last quarter. Hopwood Nicholas Hunter purchased a new position in Capital Group Core Equity ETF during the second quarter worth about $3,665,000. Finally, Kintra Wealth LLC raised its stake in Capital Group Core Equity ETF by 36.9% during the second quarter. Kintra Wealth LLC now owns 165,575 shares of the company’s stock worth $7,679,000 after purchasing an additional 44,664 shares during the period.

Capital Group Core Equity ETF Stock Up 0.6%

NYSEARCA:CGUS opened at $44.33 on Tuesday. Capital Group Core Equity ETF has a 52 week low of $37.19 and a 52 week high of $46.80. The company has a market capitalization of $12.10 billion, a P/E ratio of 26.31 and a beta of 0.93. The stock’s fifty day moving average is $44.89 and its two-hundred day moving average is $42.90.

Capital Group Core Equity ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 1st. Stockholders of record on Wednesday, September 30th were issued a dividend of $0.0901 per share. The ex-dividend date was Wednesday, September 30th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 0.8%. This is a boost from Capital Group Core Equity ETF’s previous quarterly dividend of $0.0833.

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.