Captrust Financial Advisors Has $71.30 Million Stock Position in Capital Group Core Equity ETF $CGUS

Captrust Financial Advisors reduced its position in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) by 1.4% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,803,311 shares of the company’s stock after selling 25,173 shares during the quarter. Captrust Financial Advisors’ holdings in Capital Group Core Equity ETF were worth $71,303,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in CGUS. Merit Financial Group LLC raised its stake in shares of 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 worth $83,337,000 after buying an additional 1,985,435 shares during the last quarter. Aspire Growth Partners LLC lifted its holdings in 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 valued at $4,712,000 after buying an additional 17,482 shares during the period. Assetmark Inc. boosted its stake in Capital Group Core Equity ETF by 12.1% in the third quarter. Assetmark Inc. now owns 955,029 shares of the company’s stock valued at $37,762,000 after acquiring an additional 102,872 shares during the last quarter. Beacon Pointe Advisors LLC bought a new position in Capital Group Core Equity ETF in the second quarter valued at approximately $4,286,000. Finally, Apollon Wealth Management LLC grew its holdings in Capital Group Core Equity ETF by 272.2% during the 3rd quarter. Apollon Wealth Management LLC now owns 201,888 shares of the company’s stock worth $7,983,000 after acquiring an additional 147,649 shares during the period.

Capital Group Core Equity ETF Stock Performance

Shares of Capital Group Core Equity ETF stock opened at $39.04 on Thursday. The firm has a fifty day moving average of $40.59 and a two-hundred day moving average of $40.08. 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 has a 52 week low of $28.95 and a 52 week high of $41.38.

Capital Group Core Equity ETF Increases Dividend

The business 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 represents a $0.42 dividend on an annualized basis and a dividend yield of 1.1%. This is a boost from Capital Group Core Equity ETF’s previous quarterly dividend of $0.09. The ex-dividend date of this dividend was Friday, December 26th.

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.