Merit Financial Group LLC Grows Position in Capital Group Core Equity ETF $CGUS

Merit Financial Group LLC boosted its stake in Capital Group Core Equity ETF (NYSEARCA:CGUS) by 1,624.4% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,107,661 shares of the company’s stock after buying an additional 1,985,435 shares during the period. Capital Group Core Equity ETF makes up approximately 0.8% of Merit Financial Group LLC’s portfolio, making the stock its 28th biggest position. Merit Financial Group LLC owned about 1.09% of Capital Group Core Equity ETF worth $83,337,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently bought and sold shares of the stock. Fifth Third Bancorp acquired a new stake in shares of Capital Group Core Equity ETF during the second quarter valued at about $40,000. First PREMIER Bank purchased a new position in shares of Capital Group Core Equity ETF during the 2nd quarter worth approximately $83,000. Chilton Capital Management LLC increased its holdings in Capital Group Core Equity ETF by 149.4% in the 2nd quarter. Chilton Capital Management LLC now owns 2,332 shares of the company’s stock valued at $86,000 after purchasing an additional 1,397 shares during the last quarter. IAG Wealth Partners LLC raised its position in Capital Group Core Equity ETF by 14.9% in the second quarter. IAG Wealth Partners LLC now owns 2,505 shares of the company’s stock valued at $93,000 after purchasing an additional 325 shares during the period. Finally, Farther Finance Advisors LLC raised its position in Capital Group Core Equity ETF by 762.8% in the third quarter. Farther Finance Advisors LLC now owns 4,806 shares of the company’s stock valued at $190,000 after purchasing an additional 4,249 shares during the period.

Capital Group Core Equity ETF Stock Up 0.8%

CGUS opened at $41.07 on Friday. The business has a fifty day simple moving average of $40.13 and a 200-day simple moving average of $39.17. Capital Group Core Equity ETF has a 52 week low of $28.95 and a 52 week high of $41.14. The firm has a market cap of $8.52 billion, a P/E ratio of 26.31 and a beta of 0.92.

Capital Group Core Equity ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, December 29th. Investors of record on Friday, December 26th were issued a dividend of $0.1055 per share. This represents a $0.42 annualized dividend and a dividend yield of 1.0%. The ex-dividend date was Friday, December 26th. 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.