Beacon Pointe Advisors LLC Takes Position in Capital Group Core Equity ETF $CGUS

Beacon Pointe Advisors LLC purchased a new position in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 116,048 shares of the company’s stock, valued at approximately $4,286,000. Beacon Pointe Advisors LLC owned about 0.07% of Capital Group Core Equity ETF as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Fifth Third Bancorp acquired a new stake in Capital Group Core Equity ETF during the 2nd quarter worth approximately $40,000. First PREMIER Bank acquired a new position in shares of Capital Group Core Equity ETF in the second quarter valued at approximately $83,000. Chilton Capital Management LLC raised its stake in shares of Capital Group Core Equity ETF by 149.4% during the second quarter. Chilton Capital Management LLC now owns 2,332 shares of the company’s stock worth $86,000 after purchasing an additional 1,397 shares during the last quarter. Vermillion & White Wealth Management Group LLC acquired a new stake in shares of Capital Group Core Equity ETF during the first quarter worth $124,000. Finally, Capital Analysts LLC lifted its holdings in shares of Capital Group Core Equity ETF by 464.9% during the first quarter. Capital Analysts LLC now owns 5,649 shares of the company’s stock worth $189,000 after purchasing an additional 4,649 shares during the period.

Capital Group Core Equity ETF Stock Performance

CGUS stock opened at $40.28 on Thursday. The company has a fifty day moving average of $39.78 and a 200-day moving average of $38.24. The stock has a market capitalization of $7.77 billion, a PE ratio of 26.31 and a beta of 0.92. Capital Group Core Equity ETF has a one year low of $28.95 and a one year high of $40.80.

Capital Group Core Equity ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, October 1st. Investors of record on Tuesday, September 30th were paid a $0.0925 dividend. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a $0.37 dividend on an annualized basis and a yield of 0.9%.

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.