Capital Group Core Plus Income ETF $CGCP Shares Bought by Diversify Wealth Management LLC

Diversify Wealth Management LLC boosted its stake in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 6.1% during the 3rd quarter, Holdings Channel reports. The firm owned 797,120 shares of the company’s stock after acquiring an additional 45,719 shares during the quarter. Capital Group Core Plus Income ETF comprises approximately 1.0% of Diversify Wealth Management LLC’s investment portfolio, making the stock its 15th largest position. Diversify Wealth Management LLC’s holdings in Capital Group Core Plus Income ETF were worth $18,071,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Fifth Third Bancorp acquired a new position in shares of Capital Group Core Plus Income ETF in the 3rd quarter valued at $32,000. US Bancorp DE acquired a new position in shares of Capital Group Core Plus Income ETF in the third quarter valued at about $41,000. MAI Capital Management purchased a new position in shares of Capital Group Core Plus Income ETF in the second quarter worth about $46,000. Marshall & Sterling Wealth Advisors Inc. lifted its holdings in shares of Capital Group Core Plus Income ETF by 85.2% during the third quarter. Marshall & Sterling Wealth Advisors Inc. now owns 4,211 shares of the company’s stock worth $96,000 after purchasing an additional 1,937 shares during the period. Finally, Creative Financial Designs Inc. ADV lifted its holdings in shares of Capital Group Core Plus Income ETF by 9.4% during the second quarter. Creative Financial Designs Inc. ADV now owns 8,451 shares of the company’s stock worth $190,000 after purchasing an additional 723 shares during the period.

Capital Group Core Plus Income ETF Trading Up 0.1%

Shares of NYSEARCA:CGCP opened at $22.89 on Friday. Capital Group Core Plus Income ETF has a twelve month low of $21.74 and a twelve month high of $23.00. The company has a market cap of $6.86 billion, a PE ratio of 10.69 and a beta of 0.36. The company’s 50 day moving average is $22.73 and its 200 day moving average is $22.74.

Capital Group Core Plus Income ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, February 2nd. Investors of record on Friday, January 30th were given a dividend of $0.0767 per share. The ex-dividend date was Friday, January 30th. This represents a c) dividend on an annualized basis and a yield of 4.0%.

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.