Concurrent Investment Advisors LLC Buys 26,407 Shares of Capital Group Core Equity ETF $CGUS

Concurrent Investment Advisors LLC lifted its position in Capital Group Core Equity ETF (NYSEARCA:CGUS) by 28.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 118,724 shares of the company’s stock after buying an additional 26,407 shares during the quarter. Concurrent Investment Advisors LLC owned approximately 0.06% of Capital Group Core Equity ETF worth $4,694,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of CGUS. Vicus Capital lifted its stake in Capital Group Core Equity ETF by 69.2% in the 3rd quarter. Vicus Capital now owns 25,275 shares of the company’s stock worth $999,000 after purchasing an additional 10,338 shares in the last quarter. Pinnacle Bancorp Inc. grew its position in shares of Capital Group Core Equity ETF by 234.4% during the 3rd quarter. Pinnacle Bancorp Inc. now owns 642 shares of the company’s stock valued at $25,000 after purchasing an additional 450 shares in the last quarter. MGO One Seven LLC increased its holdings in shares of Capital Group Core Equity ETF by 9.4% in the third quarter. MGO One Seven LLC now owns 11,586 shares of the company’s stock worth $458,000 after purchasing an additional 996 shares during the period. Lodestone Wealth Management LLC raised its position in shares of Capital Group Core Equity ETF by 2.6% in the third quarter. Lodestone Wealth Management LLC now owns 62,107 shares of the company’s stock worth $2,456,000 after buying an additional 1,549 shares in the last quarter. Finally, ORG Partners LLC raised its position in shares of Capital Group Core Equity ETF by 56.7% in the third quarter. ORG Partners LLC now owns 14,339 shares of the company’s stock worth $567,000 after buying an additional 5,191 shares in the last quarter.

Capital Group Core Equity ETF Stock Performance

NYSEARCA:CGUS opened at $40.80 on Thursday. Capital Group Core Equity ETF has a 52-week low of $28.95 and a 52-week high of $41.21. The stock has a fifty day moving average of $40.18 and a 200 day moving average of $39.26. The firm has a market capitalization of $8.56 billion, a price-to-earnings ratio of 26.31 and a beta of 0.92.

Capital Group Core Equity ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 29th. Stockholders of record on Friday, December 26th were issued a dividend of $0.1055 per share. The ex-dividend date of this dividend was 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 annualized dividend and a dividend yield of 1.0%.

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.