Cullen Frost Bankers Inc. Purchases 23,682 Shares of Capital Group Core Plus Income ETF $CGCP

Cullen Frost Bankers Inc. lifted its position in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 37.3% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 87,190 shares of the company’s stock after purchasing an additional 23,682 shares during the period. Cullen Frost Bankers Inc.’s holdings in Capital Group Core Plus Income ETF were worth $1,962,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. LPL Financial LLC grew its holdings in shares of Capital Group Core Plus Income ETF by 45.6% during the first quarter. LPL Financial LLC now owns 12,405,221 shares of the company’s stock worth $278,497,000 after purchasing an additional 3,884,005 shares during the last quarter. Johnson Bixby & Associates LLC grew its holdings in shares of Capital Group Core Plus Income ETF by 1.7% during the second quarter. Johnson Bixby & Associates LLC now owns 5,631,675 shares of the company’s stock worth $126,713,000 after purchasing an additional 94,691 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of Capital Group Core Plus Income ETF by 16.8% in the first quarter. Envestnet Asset Management Inc. now owns 5,247,876 shares of the company’s stock worth $117,815,000 after acquiring an additional 753,524 shares during the period. Cetera Investment Advisers lifted its stake in shares of Capital Group Core Plus Income ETF by 13.3% in the first quarter. Cetera Investment Advisers now owns 4,859,643 shares of the company’s stock worth $109,099,000 after acquiring an additional 568,696 shares during the period. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in shares of Capital Group Core Plus Income ETF by 10.9% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 4,605,576 shares of the company’s stock worth $103,395,000 after acquiring an additional 453,513 shares during the period.

Capital Group Core Plus Income ETF Price Performance

Capital Group Core Plus Income ETF stock opened at $22.94 on Friday. The stock’s 50 day moving average is $22.77 and its 200 day moving average is $22.46. The firm has a market cap of $5.88 billion, a P/E ratio of 10.69 and a beta of 0.39. Capital Group Core Plus Income ETF has a one year low of $21.74 and a one year high of $23.00.

Capital Group Core Plus Income ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, September 30th. Investors of record on Monday, September 29th were paid a $0.0901 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date of this dividend was Monday, September 29th.

Capital Group Core Plus Income ETF Profile

The Capital Group Core Plus Income ETF (CGCP) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund actively invests in bonds and other debt securities issued by corporate and government entities from around the globe, with no limitations regarding credit ratings and maturities.