Capital International Investors Purchases 5,945,089 Shares of Capital Group Core Equity ETF $CGUS

Capital International Investors increased its position in Capital Group Core Equity ETF (NYSEARCA:CGUS) by 17,866.5% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,978,364 shares of the company’s stock after buying an additional 5,945,089 shares during the period. Capital International Investors owned 3.10% of Capital Group Core Equity ETF worth $236,385,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Capital Group Private Client Services Inc. increased its stake in Capital Group Core Equity ETF by 3.2% in the 3rd quarter. Capital Group Private Client Services Inc. now owns 4,555,109 shares of the company’s stock worth $180,109,000 after acquiring an additional 142,694 shares during the last quarter. Gerber Kawasaki Wealth & Investment Management boosted its position in shares of Capital Group Core Equity ETF by 3.8% during the 3rd quarter. Gerber Kawasaki Wealth & Investment Management now owns 187,703 shares of the company’s stock valued at $7,422,000 after acquiring an additional 6,894 shares during the last quarter. Private Advisor Group LLC boosted its position in shares of Capital Group Core Equity ETF by 13.5% during the 3rd quarter. Private Advisor Group LLC now owns 1,361,308 shares of the company’s stock valued at $53,826,000 after acquiring an additional 161,511 shares during the last quarter. PFG Advisors grew its holdings in shares of Capital Group Core Equity ETF by 14.4% in the third quarter. PFG Advisors now owns 124,925 shares of the company’s stock valued at $4,940,000 after purchasing an additional 15,728 shares in the last quarter. Finally, Natixis Advisors LLC grew its holdings in shares of Capital Group Core Equity ETF by 31.5% in the third quarter. Natixis Advisors LLC now owns 181,828 shares of the company’s stock valued at $7,189,000 after purchasing an additional 43,545 shares in the last quarter.

Capital Group Core Equity ETF Stock Performance

Shares of CGUS opened at $40.11 on Thursday. The stock has a market capitalization of $8.61 billion, a PE ratio of 26.31 and a beta of 0.92. The company’s fifty day moving average is $40.71 and its 200 day moving average is $40.05. Capital Group Core Equity ETF has a fifty-two week low of $28.95 and a fifty-two week high of $41.38.

Capital Group Core Equity ETF Increases Dividend

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

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.