Hunter Associates Investment Management LLC Purchases 79,451 Shares of Capital Group Core Plus Income ETF $CGCP

Hunter Associates Investment Management LLC grew its stake in Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 67.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 197,186 shares of the company’s stock after buying an additional 79,451 shares during the quarter. Hunter Associates Investment Management LLC owned approximately 0.07% of Capital Group Core Plus Income ETF worth $4,459,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of CGCP. Integrated Wealth Concepts LLC increased its position in Capital Group Core Plus Income ETF by 63.4% in the first quarter. Integrated Wealth Concepts LLC now owns 14,920 shares of the company’s stock worth $335,000 after buying an additional 5,790 shares in the last quarter. Goldman Sachs Group Inc. purchased a new stake in Capital Group Core Plus Income ETF in the first quarter worth about $2,904,000. Focus Partners Wealth purchased a new stake in Capital Group Core Plus Income ETF in the first quarter worth about $313,000. JPMorgan Chase & Co. increased its position in Capital Group Core Plus Income ETF by 25.1% in the second quarter. JPMorgan Chase & Co. now owns 57,428 shares of the company’s stock worth $1,292,000 after buying an additional 11,516 shares in the last quarter. Finally, XTX Topco Ltd increased its position in Capital Group Core Plus Income ETF by 25.3% in the second quarter. XTX Topco Ltd now owns 11,739 shares of the company’s stock worth $264,000 after buying an additional 2,370 shares in the last quarter.

Capital Group Core Plus Income ETF Stock Up 0.1%

Shares of CGCP opened at $22.41 on Wednesday. The business has a 50-day simple moving average of $22.61 and a two-hundred day simple moving average of $22.70. The stock has a market cap of $7.33 billion, a price-to-earnings ratio of 10.69 and a beta of 0.36. Capital Group Core Plus Income ETF has a 52 week low of $21.74 and a 52 week high of $23.00.

Capital Group Core Plus Income ETF Increases Dividend

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

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.