Captrust Financial Advisors Sells 25,173 Shares of Capital Group Core Equity ETF $CGUS

Captrust Financial Advisors lessened its holdings in Capital Group Core Equity ETF (NYSEARCA:CGUS) by 1.4% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,803,311 shares of the company’s stock after selling 25,173 shares during the period. Captrust Financial Advisors owned approximately 0.93% of Capital Group Core Equity ETF worth $71,303,000 at the end of the most recent quarter.

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

Capital Group Core Equity ETF Price Performance

Shares of NYSEARCA:CGUS opened at $39.04 on Thursday. The business’s fifty day moving average price is $40.59 and its two-hundred day moving average price is $40.08. Capital Group Core Equity ETF has a fifty-two week low of $28.95 and a fifty-two week high of $41.38. The stock has a market capitalization of $8.38 billion, a price-to-earnings ratio of 26.31 and a beta of 0.92.

Capital Group Core Equity ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, December 29th. Stockholders of record on Friday, December 26th were paid a $0.1055 dividend. The ex-dividend date was Friday, December 26th. This represents a $0.42 annualized dividend and a dividend yield of 1.1%. This is a boost 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.