Envestnet Portfolio Solutions Inc. Sells 34,842 Shares of Capital Group Core Equity ETF $CGUS

Envestnet Portfolio Solutions Inc. reduced its stake in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) by 15.8% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 186,324 shares of the company’s stock after selling 34,842 shares during the quarter. Envestnet Portfolio Solutions Inc. owned approximately 0.10% of Capital Group Core Equity ETF worth $7,367,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Pinnacle Bancorp Inc. boosted its stake 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. Fifth Third Bancorp purchased a new stake in Capital Group Core Equity ETF in the second quarter worth about $40,000. Financial Perspectives Inc boosted its position in Capital Group Core Equity ETF by 43.3% during the 3rd quarter. Financial Perspectives Inc now owns 2,209 shares of the company’s stock valued at $87,000 after acquiring an additional 668 shares in the last quarter. Chilton Capital Management LLC grew its holdings in shares of Capital Group Core Equity ETF by 149.4% during the 2nd quarter. Chilton Capital Management LLC now owns 2,332 shares of the company’s stock worth $86,000 after acquiring an additional 1,397 shares during the period. Finally, IAG Wealth Partners LLC raised its position in shares of Capital Group Core Equity ETF by 14.9% in the 2nd quarter. IAG Wealth Partners LLC now owns 2,505 shares of the company’s stock worth $93,000 after acquiring an additional 325 shares in the last quarter.

Capital Group Core Equity ETF Stock Up 0.1%

CGUS opened at $40.85 on Friday. The stock has a market cap of $8.66 billion, a PE ratio of 26.31 and a beta of 0.92. Capital Group Core Equity ETF has a 52 week low of $28.95 and a 52 week high of $41.21. The business has a 50 day moving average of $40.29 and a 200-day moving average of $39.44.

Capital Group Core Equity ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 29th. Investors of record on Friday, December 26th were paid 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 dividend on an annualized basis and a yield of 1.0%.

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.