Capital Group Core Plus Income ETF $CGCP Shares Acquired by Capital Analysts LLC

Capital Analysts LLC boosted its stake in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 34.7% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 267,958 shares of the company’s stock after acquiring an additional 68,970 shares during the quarter. Capital Analysts LLC owned 0.07% of Capital Group Core Plus Income ETF worth $5,973,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Kestra Investment Management LLC increased its holdings in Capital Group Core Plus Income ETF by 11.0% in the fourth quarter. Kestra Investment Management LLC now owns 1,619,964 shares of the company’s stock valued at $36,676,000 after buying an additional 160,802 shares in the last quarter. Harbour Investments Inc. increased its stake in shares of Capital Group Core Plus Income ETF by 33.8% in the 4th quarter. Harbour Investments Inc. now owns 2,819,563 shares of the company’s stock valued at $63,835,000 after purchasing an additional 711,803 shares in the last quarter. TrueWealth Financial Partners acquired a new stake in Capital Group Core Plus Income ETF in the fourth quarter valued at approximately $1,450,000. Midwest Heritage Bank FSB increased its position in shares of Capital Group Core Plus Income ETF by 22.4% in the first quarter. Midwest Heritage Bank FSB now owns 1,326,985 shares of the company’s stock valued at $29,645,000 after buying an additional 242,411 shares in the last quarter. Finally, Evolve Private Wealth LLC acquired a new position in shares of Capital Group Core Plus Income ETF during the 4th quarter worth approximately $17,236,000.

Capital Group Core Plus Income ETF Price Performance

Shares of NYSEARCA:CGCP opened at $21.88 on Wednesday. The business’s 50 day moving average price is $22.06 and its 200-day moving average price is $22.30. Capital Group Core Plus Income ETF has a 1 year low of $21.84 and a 1 year high of $23.00. The firm has a market capitalization 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 business also recently disclosed a monthly dividend, which was paid on Monday, August 3rd. Shareholders of record on Friday, July 31st were issued a dividend of $0.1074 per share. The ex-dividend date of this dividend was Friday, July 31st. This is a positive change from Capital Group Core Plus Income ETF’s previous monthly dividend of $0.08. This represents a c) annualized dividend and a yield of 5.9%.

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.