Perennial Investment Advisors LLC Takes $1.29 Million Position in Capital Group Core Equity ETF (NYSEARCA:CGUS)

Perennial Investment Advisors LLC purchased a new position in Capital Group Core Equity ETF (NYSEARCA:CGUS) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 36,974 shares of the company’s stock, valued at approximately $1,293,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Hazlett Burt & Watson Inc. grew its stake in shares of Capital Group Core Equity ETF by 48.1% in the 4th quarter. Hazlett Burt & Watson Inc. now owns 1,000 shares of the company’s stock valued at $34,000 after buying an additional 325 shares during the period. Stonebridge Financial Group LLC acquired a new position in Capital Group Core Equity ETF in the fourth quarter valued at approximately $41,000. Synergy Investment Management LLC acquired a new stake in Capital Group Core Equity ETF during the fourth quarter worth $50,000. Geneos Wealth Management Inc. increased its stake in Capital Group Core Equity ETF by 111.0% during the fourth quarter. Geneos Wealth Management Inc. now owns 2,173 shares of the company’s stock worth $76,000 after acquiring an additional 1,143 shares during the last quarter. Finally, Larson Financial Group LLC raised its holdings in Capital Group Core Equity ETF by 21.1% in the 4th quarter. Larson Financial Group LLC now owns 2,465 shares of the company’s stock valued at $86,000 after buying an additional 430 shares during the period.

Capital Group Core Equity ETF Stock Performance

Shares of CGUS stock opened at $30.26 on Friday. The firm has a market cap of $4.41 billion, a P/E ratio of 25.72 and a beta of 0.93. Capital Group Core Equity ETF has a one year low of $29.63 and a one year high of $36.75. The firm’s 50 day moving average price is $34.86 and its 200-day moving average price is $34.96.

Capital Group Core Equity ETF Announces Dividend

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

About Capital Group Core Equity ETF

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.