Farther Finance Advisors LLC Purchases 65,677 Shares of Capital Group Core Plus Income ETF $CGCP

Farther Finance Advisors LLC lifted its position in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 328.2% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 85,688 shares of the company’s stock after purchasing an additional 65,677 shares during the period. Farther Finance Advisors LLC’s holdings in Capital Group Core Plus Income ETF were worth $1,947,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the business. Security Financial Services INC. raised its position in Capital Group Core Plus Income ETF by 74.3% during the 3rd quarter. Security Financial Services INC. now owns 19,949 shares of the company’s stock valued at $453,000 after purchasing an additional 8,504 shares during the last quarter. LongView Wealth Management increased its stake in shares of Capital Group Core Plus Income ETF by 16.0% during the third quarter. LongView Wealth Management now owns 107,715 shares of the company’s stock valued at $2,447,000 after buying an additional 14,819 shares during the period. AA Financial Advisors LLC increased its stake in shares of Capital Group Core Plus Income ETF by 10.4% during the third quarter. AA Financial Advisors LLC now owns 825,640 shares of the company’s stock valued at $18,759,000 after buying an additional 77,786 shares during the period. Cyndeo Wealth Partners LLC raised its holdings in shares of Capital Group Core Plus Income ETF by 6.5% during the third quarter. Cyndeo Wealth Partners LLC now owns 80,268 shares of the company’s stock valued at $1,824,000 after acquiring an additional 4,894 shares in the last quarter. Finally, U.S. Capital Wealth Advisors LLC lifted its stake in Capital Group Core Plus Income ETF by 8.5% in the third quarter. U.S. Capital Wealth Advisors LLC now owns 25,209 shares of the company’s stock worth $573,000 after acquiring an additional 1,968 shares during the period.

Capital Group Core Plus Income ETF Price Performance

NYSEARCA:CGCP opened at $22.66 on Friday. The firm’s fifty day simple moving average is $22.75 and its 200 day simple moving average is $22.64. The stock has a market cap of $5.93 billion, a P/E ratio of 10.69 and a beta of 0.36. Capital Group Core Plus Income ETF has a twelve month low of $21.74 and a twelve month high of $23.00.

Capital Group Core Plus Income ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, December 26th. Stockholders of record on Wednesday, December 24th were paid a dividend of $0.1183 per share. This represents a c) dividend on an annualized basis and a dividend yield of 6.3%. The ex-dividend date of this dividend was Wednesday, December 24th. This is a positive change from Capital Group Core Plus Income ETF’s previous monthly dividend of $0.09.

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.