Benjamin Edwards Inc. Raises Stock Position in Capital Group Core Equity ETF $CGUS

Benjamin Edwards Inc. boosted its holdings in Capital Group Core Equity ETF (NYSEARCA:CGUS) by 27.4% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 599,098 shares of the company’s stock after acquiring an additional 129,020 shares during the period. Benjamin Edwards Inc. owned 0.32% of Capital Group Core Equity ETF worth $23,688,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in CGUS. Fifth Third Bancorp purchased a new position in Capital Group Core Equity ETF in the 2nd quarter valued at about $40,000. Financial Perspectives Inc raised its position in shares of Capital Group Core Equity ETF by 43.3% in the third quarter. Financial Perspectives Inc now owns 2,209 shares of the company’s stock valued at $87,000 after buying an additional 668 shares during the last quarter. First PREMIER Bank purchased a new position in shares of Capital Group Core Equity ETF during the second quarter valued at approximately $83,000. Chilton Capital Management LLC lifted 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 valued at $86,000 after buying an additional 1,397 shares during the period. Finally, IAG Wealth Partners LLC boosted its position in Capital Group Core Equity ETF by 14.9% during the second quarter. IAG Wealth Partners LLC now owns 2,505 shares of the company’s stock worth $93,000 after acquiring an additional 325 shares during the last quarter.

Capital Group Core Equity ETF Price Performance

CGUS opened at $40.78 on Thursday. Capital Group Core Equity ETF has a 12 month low of $28.95 and a 12 month high of $41.04. The business has a 50-day moving average of $40.10 and a two-hundred day moving average of $39.11. The stock has a market capitalization of $8.42 billion, a price-to-earnings ratio of 26.31 and a beta of 0.92.

Capital Group Core Equity ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, December 29th. Shareholders of record on Friday, December 26th were issued a $0.1055 dividend. The ex-dividend date was Friday, December 26th. This represents a $0.42 dividend on an annualized basis and a yield of 1.0%. This is a boost from Capital Group Core Equity ETF’s previous quarterly dividend of $0.09.

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.