Capital Group Core Equity ETF $CGUS Shares Sold by Burford Brothers Inc.

Burford Brothers Inc. lowered its holdings in Capital Group Core Equity ETF (NYSEARCA:CGUS) by 2.1% in the second quarter, HoldingsChannel.com reports. The firm owned 332,972 shares of the company’s stock after selling 7,262 shares during the quarter. Capital Group Core Equity ETF comprises approximately 5.6% of Burford Brothers Inc.’s holdings, making the stock its 3rd biggest holding. Burford Brothers Inc.’s holdings in Capital Group Core Equity ETF were worth $12,296,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. LPL Financial LLC grew its position in Capital Group Core Equity ETF by 60.8% during the first quarter. LPL Financial LLC now owns 14,836,962 shares of the company’s stock worth $495,555,000 after buying an additional 5,611,806 shares in the last quarter. Envestnet Asset Management Inc. increased its position in shares of Capital Group Core Equity ETF by 16.0% in the first quarter. Envestnet Asset Management Inc. now owns 9,089,025 shares of the company’s stock worth $303,573,000 after purchasing an additional 1,254,091 shares during the period. Raymond James Financial Inc. increased its position in shares of Capital Group Core Equity ETF by 7.6% in the first quarter. Raymond James Financial Inc. now owns 5,218,252 shares of the company’s stock worth $174,290,000 after purchasing an additional 370,182 shares during the period. Jones Financial Companies Lllp raised its stake in Capital Group Core Equity ETF by 176.1% in the first quarter. Jones Financial Companies Lllp now owns 4,833,131 shares of the company’s stock valued at $169,514,000 after purchasing an additional 3,082,374 shares in the last quarter. Finally, Cetera Investment Advisers lifted its position in Capital Group Core Equity ETF by 25.4% during the first quarter. Cetera Investment Advisers now owns 3,843,349 shares of the company’s stock worth $128,368,000 after purchasing an additional 779,618 shares during the period.

Capital Group Core Equity ETF Stock Up 0.2%

Shares of Capital Group Core Equity ETF stock opened at $39.23 on Friday. Capital Group Core Equity ETF has a 12-month low of $28.95 and a 12-month high of $40.09. The company has a market capitalization of $7.44 billion, a price-to-earnings ratio of 26.31 and a beta of 0.92. The firm’s 50-day moving average price is $39.06 and its two-hundred day moving average price is $36.50.

Capital Group Core Equity ETF Cuts Dividend

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

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.