Advisory Services Network LLC Sells 39,341 Shares of Capital Group Core Equity ETF $CGUS

Advisory Services Network LLC trimmed its stake in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) by 26.6% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 108,403 shares of the company’s stock after selling 39,341 shares during the period. Advisory Services Network LLC owned 0.06% of Capital Group Core Equity ETF worth $4,139,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Jones Financial Companies Lllp increased its holdings in shares of Capital Group Core Equity ETF by 176.1% in the first quarter. Jones Financial Companies Lllp now owns 4,833,131 shares of the company’s stock worth $169,514,000 after purchasing an additional 3,082,374 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in Capital Group Core Equity ETF by 13.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 10,327,349 shares of the company’s stock worth $381,389,000 after acquiring an additional 1,238,324 shares during the last quarter. Cetera Investment Advisers raised its holdings in shares of Capital Group Core Equity ETF by 25.6% during the 2nd quarter. Cetera Investment Advisers now owns 4,826,699 shares of the company’s stock worth $178,250,000 after acquiring an additional 983,350 shares in the last quarter. Raymond James Financial Inc. boosted its position in shares of Capital Group Core Equity ETF by 8.6% during the 2nd quarter. Raymond James Financial Inc. now owns 5,668,346 shares of the company’s stock valued at $209,332,000 after acquiring an additional 450,094 shares during the last quarter. Finally, Vestmark Advisory Solutions Inc. grew its holdings in shares of Capital Group Core Equity ETF by 109.7% in the second quarter. Vestmark Advisory Solutions Inc. now owns 849,562 shares of the company’s stock valued at $31,374,000 after purchasing an additional 444,485 shares in the last quarter.

Capital Group Core Equity ETF Stock Down 0.1%

Shares of NYSEARCA:CGUS opened at $39.99 on Tuesday. The firm has a fifty day simple moving average of $39.88 and a two-hundred day simple moving average of $38.57. Capital Group Core Equity ETF has a 52 week low of $28.95 and a 52 week high of $40.80. The stock has a market capitalization of $7.71 billion, a P/E ratio of 26.31 and a beta of 0.92.

Capital Group Core Equity ETF Cuts Dividend

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

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.