Assetmark Inc. Purchases 102,872 Shares of Capital Group Core Equity ETF $CGUS

Assetmark Inc. raised its holdings in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) by 12.1% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 955,029 shares of the company’s stock after purchasing an additional 102,872 shares during the period. Assetmark Inc. owned 0.50% of Capital Group Core Equity ETF worth $37,762,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in CGUS. Merit Financial Group LLC lifted its position in Capital Group Core Equity ETF by 1,624.4% during the third quarter. Merit Financial Group LLC now owns 2,107,661 shares of the company’s stock valued at $83,337,000 after buying an additional 1,985,435 shares during the period. Aspire Growth Partners LLC lifted its stake in shares of Capital Group Core Equity ETF by 15.9% in the second quarter. Aspire Growth Partners LLC now owns 127,590 shares of the company’s stock worth $4,712,000 after buying an additional 17,482 shares in the last quarter. Beacon Pointe Advisors LLC purchased a new stake in shares of Capital Group Core Equity ETF during the second quarter valued at approximately $4,286,000. Apollon Wealth Management LLC raised its stake in shares of Capital Group Core Equity ETF by 272.2% in the third quarter. Apollon Wealth Management LLC now owns 201,888 shares of the company’s stock worth $7,983,000 after purchasing an additional 147,649 shares during the last quarter. Finally, Benjamin Edwards Inc. lifted its holdings in shares of Capital Group Core Equity ETF by 27.4% during the third quarter. Benjamin Edwards Inc. now owns 599,098 shares of the company’s stock valued at $23,688,000 after purchasing an additional 129,020 shares in the last quarter.

Capital Group Core Equity ETF Stock Performance

NYSEARCA CGUS opened at $40.40 on Friday. The company has a market capitalization of $8.67 billion, a price-to-earnings ratio of 26.31 and a beta of 0.92. The stock has a 50-day moving average of $40.61 and a 200 day moving average of $39.74. Capital Group Core Equity ETF has a one year low of $28.95 and a one year high of $41.38.

Capital Group Core Equity ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 29th. Shareholders of record on Friday, December 26th were given a $0.1055 dividend. The ex-dividend date was Friday, December 26th. This is a boost from Capital Group Core Equity ETF’s previous quarterly dividend of $0.09. This represents a $0.42 annualized dividend 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.