Park Avenue Securities LLC Purchases 14,040 Shares of Capital Group Core Equity ETF $CGUS

Park Avenue Securities LLC lifted its position in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) by 14.1% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 113,617 shares of the company’s stock after purchasing an additional 14,040 shares during the quarter. Park Avenue Securities LLC’s holdings in Capital Group Core Equity ETF were worth $4,571,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Envestnet Asset Management Inc. grew its position 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 valued at $440,377,000 after purchasing an additional 810,149 shares during the period. Raymond James Financial Inc. raised its holdings in Capital Group Core Equity ETF by 24.0% during the third 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 during the last quarter. Capital International Investors raised its holdings in Capital Group Core Equity ETF by 17,866.5% during the third 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 last quarter. Jones Financial Companies Lllp lifted its stake in shares of Capital Group Core Equity ETF by 24.8% in the third quarter. Jones Financial Companies Lllp now owns 4,799,841 shares of the company’s stock valued at $188,737,000 after buying an additional 954,616 shares in the last quarter. Finally, Capital Group Private Client Services Inc. lifted its stake in shares of Capital Group Core Equity ETF by 3.2% in the third 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 $38.48 on Friday. The company has a 50-day moving average price of $40.50 and a 200-day moving average price of $40.08. The stock has a market capitalization of $8.26 billion, a P/E ratio of 26.31 and a beta of 0.92. Capital Group Core Equity ETF has a 1 year low of $28.95 and a 1 year high of $41.38.

Capital Group Core Equity ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, December 29th. Shareholders of record on Friday, December 26th were paid a dividend of $0.1055 per share. This is an increase 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 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.