Kintra Wealth LLC Acquires 54,700 Shares of Capital Group Core Plus Income ETF $CGCP

Kintra Wealth LLC boosted its holdings in Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 124.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 98,704 shares of the company’s stock after purchasing an additional 54,700 shares during the period. Kintra Wealth LLC’s holdings in Capital Group Core Plus Income ETF were worth $2,179,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in CGCP. CX Institutional acquired a new stake in shares of Capital Group Core Plus Income ETF in the second quarter valued at about $35,000. US Bancorp DE bought a new position in Capital Group Core Plus Income ETF in the third quarter valued at approximately $41,000. Bessemer Group Inc. bought a new position in Capital Group Core Plus Income ETF in the first quarter valued at approximately $45,000. Clearstead Advisors LLC acquired a new position in shares of Capital Group Core Plus Income ETF during the 4th quarter worth approximately $58,000. Finally, Godfrey Financial Associates Inc. acquired a new position in shares of Capital Group Core Plus Income ETF during the 4th quarter worth approximately $65,000.

Capital Group Core Plus Income ETF Trading Down 0.1%

Shares of CGCP opened at $21.88 on Friday. The company’s fifty day simple moving average is $22.08 and its 200 day simple moving average is $22.32. Capital Group Core Plus Income ETF has a 1-year low of $21.84 and a 1-year high of $23.00. The company has a market cap of $8.38 billion, a price-to-earnings ratio of 10.69 and a beta of 0.32.

Capital Group Core Plus Income ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, August 3rd. Investors of record on Friday, July 31st were paid a $0.1074 dividend. This is an increase from Capital Group Core Plus Income ETF’s previous monthly dividend of $0.08. The ex-dividend date was Friday, July 31st. This represents a c) annualized dividend and a yield of 5.9%.

Capital Group Core Plus Income ETF Company 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.