EverSource Wealth Advisors LLC Buys 47,448 Shares of Capital Group Core Equity ETF $CGUS

EverSource Wealth Advisors LLC increased its stake in Capital Group Core Equity ETF (NYSEARCA:CGUS) by 12.4% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 430,337 shares of the company’s stock after purchasing an additional 47,448 shares during the quarter. EverSource Wealth Advisors LLC owned about 0.22% of Capital Group Core Equity ETF worth $17,016,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in CGUS. Envestnet Asset Management Inc. boosted its stake in Capital Group Core Equity ETF by 7.8% in the 3rd quarter. Envestnet Asset Management Inc. now owns 11,137,498 shares of the company’s stock worth $440,377,000 after purchasing an additional 810,149 shares during the period. Raymond James Financial Inc. lifted its holdings in shares of Capital Group Core Equity ETF by 8.6% in the second quarter. Raymond James Financial Inc. now owns 5,668,346 shares of the company’s stock worth $209,332,000 after buying an additional 450,094 shares in the last quarter. Cetera Investment Advisers boosted its position in shares of Capital Group Core Equity ETF by 25.6% in the second quarter. Cetera Investment Advisers now owns 4,826,699 shares of the company’s stock valued at $178,250,000 after acquiring an additional 983,350 shares during the period. Jones Financial Companies Lllp grew its stake in Capital Group Core Equity ETF by 24.8% during the third quarter. Jones Financial Companies Lllp now owns 4,799,841 shares of the company’s stock valued at $188,737,000 after acquiring an additional 954,616 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in Capital Group Core Equity ETF by 8.8% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,865,009 shares of the company’s stock worth $142,735,000 after acquiring an additional 312,926 shares during the period.

Capital Group Core Equity ETF Price Performance

NYSEARCA CGUS opened at $40.56 on Tuesday. The company’s 50 day simple moving average is $40.66 and its two-hundred day simple moving average is $39.88. Capital Group Core Equity ETF has a 1 year low of $28.95 and a 1 year high of $41.38. The stock has a market capitalization of $8.70 billion, a PE 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. Investors of record on Friday, December 26th were paid a dividend of $0.1055 per share. 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 yield of 1.0%. The ex-dividend date of this dividend was Friday, December 26th.

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.