Envestnet Asset Management Inc. Increases Stock Holdings in Capital Group Core Equity ETF (NYSEARCA:CGUS)

Envestnet Asset Management Inc. increased its holdings in Capital Group Core Equity ETF (NYSEARCA:CGUS) by 17.4% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,834,934 shares of the company’s stock after buying an additional 1,161,511 shares during the period. Envestnet Asset Management Inc. owned about 0.09% of Capital Group Core Equity ETF worth $273,988,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in CGUS. LPL Financial LLC raised its position in Capital Group Core Equity ETF by 38.3% during the fourth quarter. LPL Financial LLC now owns 9,225,156 shares of the company’s stock worth $322,604,000 after acquiring an additional 2,556,396 shares during the last quarter. Raymond James Financial Inc. purchased a new position in shares of Capital Group Core Equity ETF during the 4th quarter worth approximately $169,537,000. Commonwealth Equity Services LLC increased its stake in shares of Capital Group Core Equity ETF by 17.2% during the 4th quarter. Commonwealth Equity Services LLC now owns 2,748,964 shares of the company’s stock worth $96,131,000 after purchasing an additional 403,749 shares in the last quarter. Wells Fargo & Company MN raised its position in shares of Capital Group Core Equity ETF by 24.5% during the 4th quarter. Wells Fargo & Company MN now owns 2,646,258 shares of the company’s stock worth $92,540,000 after purchasing an additional 520,673 shares during the last quarter. Finally, Private Advisor Group LLC lifted its stake in Capital Group Core Equity ETF by 136.0% in the 4th quarter. Private Advisor Group LLC now owns 1,986,336 shares of the company’s stock valued at $69,462,000 after buying an additional 1,144,833 shares in the last quarter.

Capital Group Core Equity ETF Stock Performance

Capital Group Core Equity ETF stock opened at $30.26 on Friday. Capital Group Core Equity ETF has a fifty-two week low of $29.63 and a fifty-two week high of $36.75. The company has a market capitalization of $4.41 billion, a price-to-earnings ratio of 25.72 and a beta of 0.93. The stock has a fifty day moving average of $34.86 and a two-hundred day moving average of $34.97.

Capital Group Core Equity ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Tuesday, April 1st. Investors of record on Monday, March 31st were paid a $0.0852 dividend. The ex-dividend date of this dividend was Monday, March 31st.

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.