Mayflower Financial Advisors LLC Sells 1,693 Shares of Capital Group Core Equity ETF $CGUS

Mayflower Financial Advisors LLC reduced its holdings in Capital Group Core Equity ETF (NYSEARCA:CGUS) by 3.8% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 43,159 shares of the company’s stock after selling 1,693 shares during the period. Mayflower Financial Advisors LLC’s holdings in Capital Group Core Equity ETF were worth $1,594,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Golden State Wealth Management LLC bought a new stake in shares of Capital Group Core Equity ETF during the first quarter valued at approximately $29,000. Chilton Capital Management LLC bought a new stake in Capital Group Core Equity ETF in the first quarter valued at $31,000. Fifth Third Bancorp bought a new stake in shares of Capital Group Core Equity ETF during the second quarter worth $40,000. First PREMIER Bank bought a new stake in shares of Capital Group Core Equity ETF during the second quarter worth $83,000. Finally, Synergy Investment Management LLC grew its holdings in shares of Capital Group Core Equity ETF by 101.0% during the first 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 last quarter.

Capital Group Core Equity ETF Stock Up 0.3%

Shares of CGUS opened at $40.61 on Wednesday. Capital Group Core Equity ETF has a 12-month low of $28.95 and a 12-month high of $40.71. The firm has a market capitalization of $7.78 billion, a PE ratio of 26.31 and a beta of 0.92. The stock’s fifty day simple moving average is $39.28 and its 200-day simple moving average is $36.97.

Capital Group Core Equity ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, October 1st. Shareholders of record on Tuesday, September 30th were issued a dividend of $0.0925 per share. The ex-dividend date was Tuesday, September 30th. This represents a $0.37 dividend on an annualized basis and a 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.