Capital Group Core Equity ETF $CGUS Shares Sold by Dynamic Advisor Solutions LLC

Dynamic Advisor Solutions LLC cut its position in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) by 39.9% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 109,534 shares of the company’s stock after selling 72,711 shares during the period. Dynamic Advisor Solutions LLC owned 0.05% of Capital Group Core Equity ETF worth $4,407,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. raised its position in shares of Capital Group Core Equity ETF by 7.8% in the third quarter. Envestnet Asset Management Inc. now owns 11,137,498 shares of the company’s stock worth $440,377,000 after acquiring an additional 810,149 shares during the period. Raymond James Financial Inc. increased its stake in shares of Capital Group Core Equity ETF by 24.0% in the 3rd quarter. Raymond James Financial Inc. now owns 7,028,681 shares of the company’s stock valued at $277,914,000 after purchasing an additional 1,360,335 shares in the last quarter. Capital International Investors raised its holdings in Capital Group Core Equity ETF by 17,866.5% in the 3rd quarter. Capital International Investors now owns 5,978,364 shares of the company’s stock worth $236,385,000 after purchasing an additional 5,945,089 shares during the period. Jones Financial Companies Lllp raised its holdings in Capital Group Core Equity ETF by 24.8% in the 3rd quarter. Jones Financial Companies Lllp now owns 4,799,841 shares of the company’s stock worth $188,737,000 after purchasing an additional 954,616 shares during the period. Finally, Capital Group Private Client Services Inc. boosted its position in Capital Group Core Equity ETF by 3.2% during the third quarter. Capital Group Private Client Services Inc. now owns 4,555,109 shares of the company’s stock worth $180,109,000 after purchasing an additional 142,694 shares in the last quarter.

Capital Group Core Equity ETF Trading Up 1.1%

Shares of CGUS opened at $38.89 on Tuesday. Capital Group Core Equity ETF has a 12 month low of $28.95 and a 12 month high of $41.38. The stock’s 50 day moving average is $40.46 and its two-hundred day moving average is $40.10. The firm has a market cap of $8.35 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 declared a quarterly dividend, which was paid on Monday, December 29th. Investors of record on Friday, December 26th were paid a $0.1055 dividend. 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 an increase 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.