Seamount Financial Group Inc. Grows Stock Holdings in Capital Group Core Equity ETF $CGUS

Seamount Financial Group Inc. increased its stake in Capital Group Core Equity ETF (NYSEARCA:CGUS) by 11.5% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 85,417 shares of the company’s stock after purchasing an additional 8,803 shares during the quarter. Capital Group Core Equity ETF accounts for 1.6% of Seamount Financial Group Inc.’s portfolio, making the stock its 16th largest position. Seamount Financial Group Inc.’s holdings in Capital Group Core Equity ETF were worth $3,154,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Golden State Wealth Management LLC purchased a new stake in Capital Group Core Equity ETF during the 1st quarter valued at $29,000. Chilton Capital Management LLC purchased a new position in shares of Capital Group Core Equity ETF in the 1st quarter worth $31,000. Fifth Third Bancorp bought a new stake in shares of Capital Group Core Equity ETF in the second quarter worth $40,000. IAG Wealth Partners LLC increased its position in Capital Group Core Equity ETF by 514.1% during the first quarter. IAG Wealth Partners LLC now owns 2,180 shares of the company’s stock valued at $73,000 after acquiring an additional 1,825 shares during the last quarter. Finally, First PREMIER Bank purchased a new stake in Capital Group Core Equity ETF during the second quarter valued at $83,000.

Capital Group Core Equity ETF Stock Performance

CGUS stock opened at $39.94 on Tuesday. The company has a market cap of $7.52 billion, a price-to-earnings ratio of 26.31 and a beta of 0.92. The business’s 50-day moving average is $38.79 and its two-hundred day moving average is $36.17. Capital Group Core Equity ETF has a fifty-two week low of $28.95 and a fifty-two week high of $40.01.

Capital Group Core Equity ETF Cuts Dividend

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

Capital Group Core Equity ETF Company 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.