Cullen Frost Bankers Inc. Buys 36,310 Shares of Capital Group Core Equity ETF $CGUS

Cullen Frost Bankers Inc. lifted its stake in Capital Group Core Equity ETF (NYSEARCA:CGUS) by 63.6% in the second quarter, HoldingsChannel.com reports. The fund owned 93,425 shares of the company’s stock after purchasing an additional 36,310 shares during the period. Cullen Frost Bankers Inc.’s holdings in Capital Group Core Equity ETF were worth $3,450,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Golden State Wealth Management LLC bought a new stake in shares of Capital Group Core Equity ETF in the first quarter worth approximately $29,000. Chilton Capital Management LLC bought a new stake in Capital Group Core Equity ETF during the first quarter valued at approximately $31,000. Fifth Third Bancorp bought a new stake in Capital Group Core Equity ETF during the second quarter valued at approximately $40,000. First PREMIER Bank bought a new stake in Capital Group Core Equity ETF during the second quarter valued at approximately $83,000. Finally, Synergy Investment Management LLC grew its position in Capital Group Core Equity ETF by 101.0% during the first quarter. Synergy Investment Management LLC now owns 2,885 shares of the company’s stock valued at $96,000 after buying an additional 1,450 shares during the period.

Capital Group Core Equity ETF Trading Down 0.3%

Shares of NYSEARCA CGUS opened at $39.53 on Thursday. The firm has a 50 day moving average of $39.13 and a 200 day moving average of $36.64. The firm has a market capitalization of $7.50 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 $40.09.

Capital Group Core Equity ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 1st. Investors of record on Tuesday, September 30th were given a dividend of $0.0925 per share. This represents a $0.37 annualized dividend and a yield of 0.9%. The ex-dividend date was Tuesday, September 30th.

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.