EverSource Wealth Advisors LLC Raises Holdings in Capital Group Core Equity ETF $CGUS

EverSource Wealth Advisors LLC lifted its position in Capital Group Core Equity ETF (NYSEARCA:CGUS) by 18.9% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 382,889 shares of the company’s stock after purchasing an additional 60,743 shares during the quarter. EverSource Wealth Advisors LLC owned about 0.22% of Capital Group Core Equity ETF worth $14,140,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Natixis Advisors LLC lifted its holdings in Capital Group Core Equity ETF by 20.7% during the first quarter. Natixis Advisors LLC now owns 118,234 shares of the company’s stock valued at $3,949,000 after purchasing an additional 20,308 shares in the last quarter. Blair William & Co. IL increased its holdings in Capital Group Core Equity ETF by 4.8% during the 1st quarter. Blair William & Co. IL now owns 155,608 shares of the company’s stock valued at $5,197,000 after acquiring an additional 7,068 shares in the last quarter. Atria Wealth Solutions Inc. grew its position in shares of Capital Group Core Equity ETF by 3.9% in the first quarter. Atria Wealth Solutions Inc. now owns 359,947 shares of the company’s stock valued at $12,050,000 after purchasing an additional 13,352 shares during the period. AlphaCore Capital LLC acquired a new stake in shares of Capital Group Core Equity ETF in the first quarter worth approximately $411,000. Finally, Townsquare Capital LLC grew its holdings in Capital Group Core Equity ETF by 8.4% in the first quarter. Townsquare Capital LLC now owns 55,447 shares of the company’s stock valued at $1,852,000 after purchasing an additional 4,312 shares during the period.

Capital Group Core Equity ETF Stock Performance

NYSEARCA CGUS opened at $40.28 on Thursday. Capital Group Core Equity ETF has a one year low of $28.95 and a one year high of $40.80. The company’s 50 day moving average price is $39.78 and its 200 day moving average price is $38.24. The firm has a market capitalization of $7.77 billion, a price-to-earnings ratio of 26.31 and a beta of 0.92.

Capital Group Core Equity ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, October 1st. Investors of record on Tuesday, September 30th were issued a $0.0925 dividend. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a $0.37 annualized dividend and a dividend yield of 0.9%.

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.