Cullen Frost Bankers Inc. Has $3.67 Million Stock Holdings in Capital Group Growth ETF $CGGR

Cullen Frost Bankers Inc. boosted its holdings in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 25.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 83,657 shares of the company’s stock after acquiring an additional 17,208 shares during the quarter. Cullen Frost Bankers Inc.’s holdings in Capital Group Growth ETF were worth $3,674,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the business. Banco de Sabadell S.A bought a new stake in shares of Capital Group Growth ETF in the second quarter worth $47,000. Armstrong Advisory Group Inc. bought a new position in Capital Group Growth ETF during the 3rd quarter worth $52,000. Trust Co. of Vermont acquired a new position in Capital Group Growth ETF during the 2nd quarter worth about $51,000. Beacon Capital Management LLC bought a new stake in shares of Capital Group Growth ETF in the 2nd quarter valued at about $77,000. Finally, WFA of San Diego LLC acquired a new stake in shares of Capital Group Growth ETF in the second quarter valued at about $81,000.

Capital Group Growth ETF Price Performance

Shares of CGGR opened at $44.93 on Tuesday. The business has a 50-day moving average of $44.40 and a 200-day moving average of $43.55. The company has a market capitalization of $19.75 billion, a price-to-earnings ratio of 30.88 and a beta of 1.17. Capital Group Growth ETF has a 1 year low of $29.23 and a 1 year high of $45.83.

Capital Group Growth ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Monday, December 29th. Shareholders of record on Friday, December 26th were issued a dividend of $0.0424 per share. The ex-dividend date was Friday, December 26th. This represents a yield of 19.0%.

About Capital Group Growth ETF

The Capital Group Growth ETF (CGGR) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that invests predominantly in US companies of any market capitalization. The fund seeks to provide capital growth. CGGR was launched on Feb 22, 2022 and is managed by Capital Group.