Park Avenue Securities LLC Acquires 14,040 Shares of Capital Group Core Equity ETF $CGUS

Park Avenue Securities LLC lifted its holdings in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) by 14.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 113,617 shares of the company’s stock after purchasing an additional 14,040 shares during the period. Park Avenue Securities LLC owned 0.06% of Capital Group Core Equity ETF worth $4,571,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Hunter Associates Investment Management LLC raised its position in Capital Group Core Equity ETF by 1.5% during the 3rd quarter. Hunter Associates Investment Management LLC now owns 16,550 shares of the company’s stock worth $653,000 after purchasing an additional 250 shares during the last quarter. Belpointe Asset Management LLC lifted its holdings in Capital Group Core Equity ETF by 1.1% during the 3rd quarter. Belpointe Asset Management LLC now owns 24,826 shares of the company’s stock worth $982,000 after buying an additional 259 shares during the period. Cim LLC grew its position in shares of Capital Group Core Equity ETF by 2.3% in the 3rd quarter. Cim LLC now owns 11,444 shares of the company’s stock valued at $452,000 after buying an additional 262 shares during the last quarter. Hazlett Burt & Watson Inc. grew its position in shares of Capital Group Core Equity ETF by 28.5% in the 3rd quarter. Hazlett Burt & Watson Inc. now owns 1,285 shares of the company’s stock valued at $51,000 after buying an additional 285 shares during the last quarter. Finally, CWS Financial Advisors LLC increased its stake in shares of Capital Group Core Equity ETF by 0.7% in the third quarter. CWS Financial Advisors LLC now owns 40,875 shares of the company’s stock valued at $1,616,000 after buying an additional 294 shares during the period.

Capital Group Core Equity ETF Price Performance

Shares of CGUS opened at $38.48 on Friday. Capital Group Core Equity ETF has a 1 year low of $28.95 and a 1 year high of $41.38. The company has a market capitalization of $8.26 billion, a price-to-earnings ratio of 26.31 and a beta of 0.92. The business has a 50-day moving average of $40.50 and a 200-day moving average of $40.08.

Capital Group Core Equity ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, December 29th. Shareholders of record on Friday, December 26th were given a dividend of $0.1055 per share. The ex-dividend date of this dividend was Friday, December 26th. This represents a $0.42 dividend on an annualized basis and a yield of 1.1%. This is a boost from Capital Group Core Equity ETF’s previous quarterly dividend of $0.09.

Capital Group Core Equity ETF Company 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.