Bridgewealth Advisory Group LLC Has $6.28 Million Position in Capital Group Core Equity ETF (NYSEARCA:CGUS)

Bridgewealth Advisory Group LLC increased its stake in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) by 24.7% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 194,820 shares of the company’s stock after purchasing an additional 38,577 shares during the quarter. Capital Group Core Equity ETF comprises about 2.8% of Bridgewealth Advisory Group LLC’s portfolio, making the stock its 12th biggest position. Bridgewealth Advisory Group LLC owned 0.24% of Capital Group Core Equity ETF worth $6,283,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently bought and sold shares of the company. Cetera Investment Advisers boosted its stake in Capital Group Core Equity ETF by 196.8% in the first quarter. Cetera Investment Advisers now owns 2,183,823 shares of the company’s stock valued at $68,048,000 after acquiring an additional 1,448,154 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in Capital Group Core Equity ETF by 28.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 5,892,224 shares of the company’s stock worth $190,024,000 after purchasing an additional 1,311,729 shares during the period. LPL Financial LLC boosted its position in shares of Capital Group Core Equity ETF by 21.9% during the second quarter. LPL Financial LLC now owns 4,913,710 shares of the company’s stock worth $158,467,000 after buying an additional 883,726 shares during the period. Sei Investments Co. bought a new position in shares of Capital Group Core Equity ETF during the 2nd quarter worth approximately $24,364,000. Finally, Raymond James & Associates grew its position in Capital Group Core Equity ETF by 43.5% in the second quarter. Raymond James & Associates now owns 2,210,484 shares of the company’s stock valued at $71,288,000 after purchasing an additional 670,052 shares in the last quarter.

Capital Group Core Equity ETF Price Performance

Shares of NYSEARCA CGUS opened at $34.07 on Friday. The business has a 50-day moving average of $32.94 and a 200-day moving average of $31.90. The stock has a market capitalization of $2.81 billion, a price-to-earnings ratio of 26.52 and a beta of 0.96. Capital Group Core Equity ETF has a fifty-two week low of $24.19 and a fifty-two week high of $34.24.

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.