Centaurus Financial Inc. Buys 29,520 Shares of Capital Group Core Plus Income ETF $CGCP

Centaurus Financial Inc. grew its stake in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 16.8% during the 3rd quarter, Holdings Channel.com reports. The firm owned 205,682 shares of the company’s stock after buying an additional 29,520 shares during the quarter. Centaurus Financial Inc.’s holdings in Capital Group Core Plus Income ETF were worth $4,673,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in CGCP. Tyler Stone Wealth Management increased its position in Capital Group Core Plus Income ETF by 1.1% in the 2nd quarter. Tyler Stone Wealth Management now owns 48,101 shares of the company’s stock valued at $1,082,000 after buying an additional 540 shares in the last quarter. Asset Allocation Strategies LLC boosted its holdings in Capital Group Core Plus Income ETF by 1.4% in the third quarter. Asset Allocation Strategies LLC now owns 38,089 shares of the company’s stock worth $865,000 after acquiring an additional 541 shares in the last quarter. Premier Path Wealth Partners LLC boosted its holdings in Capital Group Core Plus Income ETF by 1.0% in the third quarter. Premier Path Wealth Partners LLC now owns 53,614 shares of the company’s stock worth $1,218,000 after acquiring an additional 554 shares in the last quarter. Silverlake Wealth Management LLC grew its stake in Capital Group Core Plus Income ETF by 0.8% in the second quarter. Silverlake Wealth Management LLC now owns 73,230 shares of the company’s stock valued at $1,648,000 after acquiring an additional 602 shares during the period. Finally, Cim LLC grew its stake in Capital Group Core Plus Income ETF by 6.8% in the third quarter. Cim LLC now owns 9,953 shares of the company’s stock valued at $226,000 after acquiring an additional 633 shares during the period.

Capital Group Core Plus Income ETF Stock Up 0.2%

NYSEARCA CGCP opened at $22.53 on Wednesday. Capital Group Core Plus Income ETF has a 52 week low of $21.74 and a 52 week high of $23.00. The business has a 50 day moving average price of $22.71 and a 200-day moving average price of $22.75. The company has a market cap of $6.75 billion, a price-to-earnings ratio of 10.69 and a beta of 0.36.

Capital Group Core Plus Income ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, March 2nd. Investors of record on Friday, February 27th were given a $0.0845 dividend. This represents a c) annualized dividend and a yield of 4.5%. The ex-dividend date of this dividend was Friday, February 27th. This is an increase from Capital Group Core Plus Income ETF’s previous monthly dividend of $0.08.

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.