Apollon Wealth Management LLC Raises Stock Holdings in Capital Group Core Equity ETF $CGUS

Apollon Wealth Management LLC boosted its stake in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) by 272.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 201,888 shares of the company’s stock after buying an additional 147,649 shares during the quarter. Apollon Wealth Management LLC owned 0.11% of Capital Group Core Equity ETF worth $7,983,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in CGUS. Jones Financial Companies Lllp raised its stake in shares of Capital Group Core Equity ETF by 176.1% in the 1st quarter. Jones Financial Companies Lllp now owns 4,833,131 shares of the company’s stock valued at $169,514,000 after acquiring an additional 3,082,374 shares during the period. Envestnet Asset Management Inc. increased its holdings 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 valued at $381,389,000 after purchasing an additional 1,238,324 shares during the last quarter. Cetera Investment Advisers raised its position in 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 valued at $178,250,000 after purchasing an additional 983,350 shares during the period. Raymond James Financial Inc. raised its position in Capital Group Core Equity ETF by 8.6% in the second quarter. Raymond James Financial Inc. now owns 5,668,346 shares of the company’s stock valued at $209,332,000 after purchasing an additional 450,094 shares during the period. Finally, Vestmark Advisory Solutions Inc. lifted its stake in Capital Group Core Equity ETF by 109.7% during the second quarter. Vestmark Advisory Solutions Inc. now owns 849,562 shares of the company’s stock worth $31,374,000 after purchasing an additional 444,485 shares in the last quarter.

Capital Group Core Equity ETF Stock Down 0.2%

CGUS opened at $40.60 on Friday. Capital Group Core Equity ETF has a 52 week low of $28.95 and a 52 week high of $40.80. The business has a fifty day simple moving average of $40.02 and a 200-day simple moving average of $38.84. The firm has a market cap of $7.83 billion, a P/E ratio of 26.31 and a beta of 0.92.

Capital Group Core Equity ETF Increases Dividend

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

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.