Capital Group Core Plus Income ETF $CGCP Shares Bought by McCarley & Cook Financial Planners

McCarley & Cook Financial Planners boosted its position in Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 39.8% during the third quarter, HoldingsChannel reports. The fund owned 147,183 shares of the company’s stock after buying an additional 41,927 shares during the quarter. Capital Group Core Plus Income ETF comprises 2.3% of McCarley & Cook Financial Planners’ holdings, making the stock its 8th biggest position. McCarley & Cook Financial Planners’ holdings in Capital Group Core Plus Income ETF were worth $3,116,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. WNY Asset Management LLC purchased a new stake in Capital Group Core Plus Income ETF during the first quarter valued at about $94,023,000. Valmark Advisers Inc. boosted its position in Capital Group Core Plus Income ETF by 99.0% during the first quarter. Valmark Advisers Inc. now owns 2,084,059 shares of the company’s stock worth $46,558,000 after purchasing an additional 1,036,587 shares during the period. Envestnet Asset Management Inc. increased its stake in shares of Capital Group Core Plus Income ETF by 7.7% in the second quarter. Envestnet Asset Management Inc. now owns 12,369,670 shares of the company’s stock worth $275,720,000 after purchasing an additional 884,794 shares in the last quarter. Cetera Investment Advisers increased its stake in shares of Capital Group Core Plus Income ETF by 12.5% in the first quarter. Cetera Investment Advisers now owns 7,319,089 shares of the company’s stock worth $163,508,000 after purchasing an additional 814,939 shares in the last quarter. Finally, January Capital Advisors LLC purchased a new position in shares of Capital Group Core Plus Income ETF in the first quarter worth about $13,276,000.

Capital Group Core Plus Income ETF Stock Up 0.0%

NYSEARCA CGCP opened at $21.39 on Thursday. The company’s 50 day moving average is $21.64 and its 200-day moving average is $22.05. Capital Group Core Plus Income ETF has a 12-month low of $21.08 and a 12-month high of $23.00. The firm has a market cap of $8.42 billion, a P/E ratio of 10.69 and a beta of 0.32.

Capital Group Core Plus Income ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, September 30th. Investors of record on Tuesday, September 29th were issued a $0.0925 dividend. This is a boost from Capital Group Core Plus Income ETF’s previous monthly dividend of $0.0868. The ex-dividend date of this dividend was Tuesday, September 29th. This represents a $1.11 annualized dividend and a yield of 5.2%.

Capital Group Core Plus Income ETF 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.