Jones Financial Companies Lllp Boosts Stake in Capital Group Core Plus Income ETF $CGCP

Jones Financial Companies Lllp raised its position in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 25.2% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,248,226 shares of the company’s stock after acquiring an additional 452,049 shares during the period. Jones Financial Companies Lllp’s holdings in Capital Group Core Plus Income ETF were worth $51,192,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. McGlone Suttner Wealth Management Inc. increased its holdings in Capital Group Core Plus Income ETF by 2.5% in the third quarter. McGlone Suttner Wealth Management Inc. now owns 1,335,471 shares of the company’s stock valued at $30,342,000 after buying an additional 33,117 shares in the last quarter. Assetmark Inc. purchased a new position in shares of Capital Group Core Plus Income ETF in the 2nd quarter valued at about $221,000. Aspire Growth Partners LLC acquired a new position in Capital Group Core Plus Income ETF in the 2nd quarter worth about $353,000. Franklin Resources Inc. purchased a new position in Capital Group Core Plus Income ETF during the second quarter worth approximately $1,083,000. Finally, Benjamin Edwards Inc. grew its holdings in Capital Group Core Plus Income ETF by 20.3% in the third quarter. Benjamin Edwards Inc. now owns 385,664 shares of the company’s stock valued at $8,762,000 after purchasing an additional 65,065 shares during the period.

Capital Group Core Plus Income ETF Price Performance

Capital Group Core Plus Income ETF stock opened at $22.64 on Tuesday. The stock has a market capitalization of $6.79 billion, a PE ratio of 10.69 and a beta of 0.36. The business has a 50 day simple moving average of $22.70 and a 200-day simple moving average of $22.70. Capital Group Core Plus Income ETF has a 12 month low of $21.74 and a 12 month high of $23.00.

Capital Group Core Plus Income ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, February 2nd. Shareholders of record on Friday, January 30th were given a dividend of $0.0767 per share. The ex-dividend date was Friday, January 30th. This represents a c) dividend on an annualized basis and a yield of 4.1%.

About Capital Group Core Plus Income ETF

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.