Burford Brothers Inc. Buys 61,380 Shares of Capital Group Core Equity ETF (NYSEARCA:CGUS)

Burford Brothers Inc. lifted its stake in Capital Group Core Equity ETF (NYSEARCA:CGUS) by 24.3% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 313,474 shares of the company’s stock after acquiring an additional 61,380 shares during the quarter. Capital Group Core Equity ETF makes up approximately 5.6% of Burford Brothers Inc.’s investment portfolio, making the stock its 2nd largest position. Burford Brothers Inc. owned approximately 0.38% of Capital Group Core Equity ETF worth $10,746,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Envestnet Asset Management Inc. grew its holdings in Capital Group Core Equity ETF by 28.6% during the second 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 grew its holdings in 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 purchasing an additional 883,726 shares during the period. Capital Group Private Client Services Inc. grew its holdings in Capital Group Core Equity ETF by 3.2% during the first quarter. Capital Group Private Client Services Inc. now owns 3,316,695 shares of the company’s stock worth $103,348,000 after purchasing an additional 103,049 shares during the period. Raymond James & Associates grew its holdings in Capital Group Core Equity ETF by 18.2% during the third quarter. Raymond James & Associates now owns 2,611,991 shares of the company’s stock worth $89,539,000 after purchasing an additional 401,507 shares during the period. Finally, Northwestern Mutual Wealth Management Co. grew its holdings in Capital Group Core Equity ETF by 12.3% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,474,494 shares of the company’s stock worth $79,803,000 after purchasing an additional 270,168 shares during the period.

Capital Group Core Equity ETF Stock Up 0.1 %

Shares of NYSEARCA:CGUS opened at $34.49 on Friday. Capital Group Core Equity ETF has a 12-month low of $24.19 and a 12-month high of $35.01. The stock has a market cap of $2.85 billion, a PE ratio of 26.52 and a beta of 0.96. The business has a 50 day moving average of $33.90 and a 200-day moving average of $32.51.

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.