Capital Group Core Plus Income ETF $CGCP Stock Bought by McGlone Suttner Wealth Management Inc.

McGlone Suttner Wealth Management Inc. raised its holdings in Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 4.3% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,558,975 shares of the company’s stock after purchasing an additional 63,587 shares during the quarter. Capital Group Core Plus Income ETF accounts for 3.8% of McGlone Suttner Wealth Management Inc.’s holdings, making the stock its 7th largest holding. McGlone Suttner Wealth Management Inc. owned 0.40% of Capital Group Core Plus Income ETF worth $33,004,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of CGCP. Midwest Heritage Bank FSB increased its stake in Capital Group Core Plus Income ETF by 22.4% during the first quarter. Midwest Heritage Bank FSB now owns 1,326,985 shares of the company’s stock worth $29,645,000 after purchasing an additional 242,411 shares during the period. Core Wealth Partners LLC raised its stake in shares of Capital Group Core Plus Income ETF by 11.3% in the fourth quarter. Core Wealth Partners LLC now owns 272,517 shares of the company’s stock valued at $6,170,000 after acquiring an additional 27,646 shares in the last quarter. Evolve Private Wealth LLC purchased a new position in Capital Group Core Plus Income ETF in the fourth quarter valued at $17,236,000. Baird Financial Group Inc. boosted its holdings in Capital Group Core Plus Income ETF by 15.3% in the second quarter. Baird Financial Group Inc. now owns 2,416,606 shares of the company’s stock valued at $53,866,000 after purchasing an additional 321,444 shares during the period. Finally, Swisher Financial Concepts Inc. boosted its holdings in Capital Group Core Plus Income ETF by 11.0% in the first quarter. Swisher Financial Concepts Inc. now owns 322,053 shares of the company’s stock valued at $7,195,000 after purchasing an additional 32,017 shares during the period.

Capital Group Core Plus Income ETF Trading Up 0.1%

CGCP traded up $0.03 on Tuesday, hitting $21.30. 1,137,126 shares of the company were exchanged, compared to its average volume of 1,701,673. Capital Group Core Plus Income ETF has a twelve month low of $21.08 and a twelve month high of $23.00. The company has a market cap of $8.36 billion, a price-to-earnings ratio of 10.69 and a beta of 0.32. The firm has a 50-day moving average price of $21.73 and a two-hundred day moving average price of $22.10.

Capital Group Core Plus Income ETF Increases Dividend

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

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.