New England Capital Financial Advisors LLC Purchases 24,092 Shares of Capital Group Core Plus Income ETF $CGCP

New England Capital Financial Advisors LLC boosted its position in Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 4.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 567,985 shares of the company’s stock after purchasing an additional 24,092 shares during the period. Capital Group Core Plus Income ETF comprises approximately 5.5% of New England Capital Financial Advisors LLC’s holdings, making the stock its 5th largest position. New England Capital Financial Advisors LLC’s holdings in Capital Group Core Plus Income ETF were worth $12,905,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in CGCP. MAI Capital Management purchased a new position in shares of Capital Group Core Plus Income ETF during the 2nd quarter worth approximately $46,000. Thurston Springer Miller Herd & Titak Inc. boosted its stake in shares of Capital Group Core Plus Income ETF by 190.2% in the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 4,490 shares of the company’s stock valued at $101,000 after buying an additional 2,943 shares in the last quarter. Olistico Wealth LLC grew its holdings in Capital Group Core Plus Income ETF by 20.5% during the second quarter. Olistico Wealth LLC now owns 6,440 shares of the company’s stock worth $145,000 after acquiring an additional 1,094 shares during the period. Financial Perspectives Inc raised its position in Capital Group Core Plus Income ETF by 10.7% in the second quarter. Financial Perspectives Inc now owns 8,255 shares of the company’s stock worth $186,000 after acquiring an additional 799 shares in the last quarter. Finally, Creative Financial Designs Inc. ADV raised its position in Capital Group Core Plus Income ETF by 9.4% in the second quarter. Creative Financial Designs Inc. ADV now owns 8,451 shares of the company’s stock worth $190,000 after acquiring an additional 723 shares in the last quarter.

Capital Group Core Plus Income ETF Stock Performance

Capital Group Core Plus Income ETF stock opened at $22.67 on Wednesday. The company has a market cap of $6.49 billion, a P/E ratio of 10.69 and a beta of 0.36. Capital Group Core Plus Income ETF has a one year low of $21.74 and a one year high of $23.00. The business has a fifty day moving average of $22.71 and a two-hundred day moving average of $22.67.

Capital Group Core Plus Income ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, December 26th. Investors of record on Wednesday, December 24th were issued a dividend of $0.1183 per share. This is an increase from Capital Group Core Plus Income ETF’s previous monthly dividend of $0.09. This represents a c) dividend on an annualized basis and a yield of 6.3%. The ex-dividend date of this dividend was Wednesday, December 24th.

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. CGCP was launched on Feb 22, 2022 and is managed by Capital Group.