Capital Group Core Equity ETF $CGUS Shares Purchased by Cullen Frost Bankers Inc.

Cullen Frost Bankers Inc. boosted its holdings in Capital Group Core Equity ETF (NYSEARCA:CGUS) by 19.3% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 111,439 shares of the company’s stock after buying an additional 18,014 shares during the quarter. Cullen Frost Bankers Inc. owned approximately 0.06% of Capital Group Core Equity ETF worth $4,406,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Pinnacle Bancorp Inc. increased its holdings in shares of Capital Group Core Equity ETF by 234.4% in the 3rd quarter. Pinnacle Bancorp Inc. now owns 642 shares of the company’s stock valued at $25,000 after acquiring an additional 450 shares during the last quarter. Fifth Third Bancorp purchased a new position in Capital Group Core Equity ETF in the second quarter valued at approximately $40,000. Chilton Capital Management LLC raised its holdings in Capital Group Core Equity ETF by 149.4% during the second quarter. Chilton Capital Management LLC now owns 2,332 shares of the company’s stock worth $86,000 after purchasing an additional 1,397 shares in the last quarter. Financial Perspectives Inc raised its holdings in Capital Group Core Equity ETF by 43.3% during the third quarter. Financial Perspectives Inc now owns 2,209 shares of the company’s stock worth $87,000 after purchasing an additional 668 shares in the last quarter. Finally, IAG Wealth Partners LLC lifted its position in shares of Capital Group Core Equity ETF by 14.9% during the 2nd quarter. IAG Wealth Partners LLC now owns 2,505 shares of the company’s stock worth $93,000 after buying an additional 325 shares during the last quarter.

Capital Group Core Equity ETF Trading Up 0.1%

Shares of Capital Group Core Equity ETF stock opened at $40.85 on Monday. The company has a fifty day simple moving average of $40.29 and a 200-day simple moving average of $39.46. The stock has a market cap of $8.66 billion, a price-to-earnings ratio of 26.31 and a beta of 0.92. Capital Group Core Equity ETF has a 12-month low of $28.95 and a 12-month high of $41.21.

Capital Group Core Equity ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, December 29th. Stockholders of record on Friday, December 26th were given a dividend of $0.1055 per share. This represents a $0.42 dividend on an annualized basis and a dividend yield of 1.0%. This is an increase from Capital Group Core Equity ETF’s previous quarterly dividend of $0.09. The ex-dividend date was Friday, December 26th.

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.