Koshinski Asset Management Inc. Boosts Stock Position in Capital Group Core Equity ETF $CGUS

Koshinski Asset Management Inc. boosted its holdings in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) by 12.6% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 51,326 shares of the company’s stock after purchasing an additional 5,725 shares during the quarter. Koshinski Asset Management Inc.’s holdings in Capital Group Core Equity ETF were worth $1,895,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of the business. Golden State Wealth Management LLC bought a new stake in shares of Capital Group Core Equity ETF in the 1st quarter worth about $29,000. Chilton Capital Management LLC purchased a new stake in Capital Group Core Equity ETF during the first quarter valued at approximately $31,000. Fifth Third Bancorp purchased a new stake in Capital Group Core Equity ETF during the second quarter valued at approximately $40,000. First PREMIER Bank bought a new stake in shares of Capital Group Core Equity ETF in the 2nd quarter valued at approximately $83,000. Finally, Synergy Investment Management LLC boosted its holdings in shares of Capital Group Core Equity ETF by 101.0% in the 1st quarter. Synergy Investment Management LLC now owns 2,885 shares of the company’s stock worth $96,000 after purchasing an additional 1,450 shares during the period.

Capital Group Core Equity ETF Stock Performance

NYSEARCA:CGUS opened at $39.23 on Friday. The firm has a market capitalization of $7.44 billion, a PE ratio of 26.31 and a beta of 0.92. The stock’s fifty day moving average is $39.06 and its 200 day moving average is $36.50. Capital Group Core Equity ETF has a fifty-two week low of $28.95 and a fifty-two week high of $40.09.

Capital Group Core Equity ETF Cuts Dividend

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

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.