Cwm LLC Increases Holdings in Capital Group Core Equity ETF $CGUS

Cwm LLC increased its holdings in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) by 3.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 599,501 shares of the company’s stock after purchasing an additional 18,718 shares during the quarter. Cwm LLC owned approximately 0.32% of Capital Group Core Equity ETF worth $23,704,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. boosted 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 purchasing an additional 1,238,324 shares during the period. Raymond James Financial Inc. raised its position in shares of Capital Group Core Equity ETF by 8.6% during the second quarter. Raymond James Financial Inc. now owns 5,668,346 shares of the company’s stock valued at $209,332,000 after buying an additional 450,094 shares during the last quarter. Jones Financial Companies Lllp lifted 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 buying an additional 3,082,374 shares in the last quarter. Cetera Investment Advisers lifted its holdings in shares of Capital Group Core Equity ETF by 25.6% in the second quarter. Cetera Investment Advisers now owns 4,826,699 shares of the company’s stock worth $178,250,000 after buying an additional 983,350 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its position in shares of Capital Group Core Equity ETF by 8.8% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,865,009 shares of the company’s stock worth $142,735,000 after acquiring an additional 312,926 shares during the last quarter.

Capital Group Core Equity ETF Stock Performance

CGUS opened at $40.60 on Friday. The stock has a market capitalization of $7.83 billion, a price-to-earnings ratio of 26.31 and a beta of 0.92. The company has a fifty day moving average of $40.02 and a 200 day moving average of $38.82. Capital Group Core Equity ETF has a fifty-two week low of $28.95 and a fifty-two week high of $40.80.

Capital Group Core Equity ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 29th. Stockholders of record on Friday, December 26th will be given a dividend of $0.1055 per share. The ex-dividend date is Friday, December 26th. This is a positive change from Capital Group Core Equity ETF’s previous quarterly dividend of $0.09. This represents a $0.42 dividend on an annualized basis and a dividend yield of 1.0%.

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.