Capital Group Core Plus Income ETF $CGCP Shares Newly Acquired by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. acquired a new stake in Capital Group Core Plus Income ETF (NYSEARCA:CGCP) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 190,452 shares of the company’s stock, valued at approximately $4,032,000.

Other institutional investors also recently added to or reduced their stakes in the company. CX Institutional purchased a new stake in shares of Capital Group Core Plus Income ETF in the second quarter valued at approximately $35,000. Bessemer Group Inc. purchased a new position in Capital Group Core Plus Income ETF in the first quarter worth $45,000. Trust Co. of Vermont purchased a new position in Capital Group Core Plus Income ETF in the second quarter worth $110,000. Barrett & Company Inc. purchased a new position in Capital Group Core Plus Income ETF in the third quarter worth $105,000. Finally, Breakwater Capital Group lifted its holdings in Capital Group Core Plus Income ETF by 7.2% in the second quarter. Breakwater Capital Group now owns 9,936 shares of the company’s stock valued at $221,000 after acquiring an additional 671 shares during the period.

Capital Group Core Plus Income ETF Stock Performance

Shares of NYSEARCA CGCP opened at $21.60 on Friday. The firm has a market capitalization of $8.59 billion, a P/E ratio of 10.69 and a beta of 0.32. Capital Group Core Plus Income ETF has a one year low of $21.08 and a one year high of $22.90. The company’s fifty day moving average is $21.59 and its two-hundred day moving average is $22.20.

Capital Group Core Plus Income ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, September 30th. Investors of record on Tuesday, September 29th were paid a $0.0925 dividend. This represents a $1.11 annualized dividend and a dividend yield of 5.1%. This is a positive change from Capital Group Core Plus Income ETF’s previous monthly dividend of $0.0868. The ex-dividend date was Tuesday, September 29th.

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.