Capital Group Core Plus Income ETF $CGCP Shares Acquired by Stratos Wealth Partners LTD.

Stratos Wealth Partners LTD. lifted its stake in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 46.3% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 136,414 shares of the company’s stock after purchasing an additional 43,152 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in Capital Group Core Plus Income ETF were worth $3,088,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Wealthcare Capital Management LLC grew its stake in shares of Capital Group Core Plus Income ETF by 6.2% during the 4th quarter. Wealthcare Capital Management LLC now owns 45,638 shares of the company’s stock worth $1,033,000 after purchasing an additional 2,648 shares during the period. Greenbush Financial Group LLC grew its stake in shares of Capital Group Core Plus Income ETF by 16.8% during the 4th quarter. Greenbush Financial Group LLC now owns 451,960 shares of the company’s stock worth $10,232,000 after purchasing an additional 65,023 shares during the period. Investment Planning Advisors Inc. grew its stake in shares of Capital Group Core Plus Income ETF by 45.9% during the 4th quarter. Investment Planning Advisors Inc. now owns 332,783 shares of the company’s stock worth $7,534,000 after purchasing an additional 104,629 shares during the period. Tempus Wealth Planning LLC grew its stake in shares of Capital Group Core Plus Income ETF by 5.2% during the 4th quarter. Tempus Wealth Planning LLC now owns 39,056 shares of the company’s stock worth $884,000 after purchasing an additional 1,940 shares during the period. Finally, Trinity Wealth Management LLC grew its stake in shares of Capital Group Core Plus Income ETF by 7.5% during the 4th quarter. Trinity Wealth Management LLC now owns 64,647 shares of the company’s stock worth $1,464,000 after purchasing an additional 4,497 shares during the period.

Capital Group Core Plus Income ETF Price Performance

NYSEARCA:CGCP opened at $22.39 on Tuesday. Capital Group Core Plus Income ETF has a fifty-two week low of $21.74 and a fifty-two week high of $23.00. The stock has a market cap of $7.32 billion, a PE ratio of 10.69 and a beta of 0.36. The firm’s fifty day simple moving average is $22.61 and its 200-day simple moving average is $22.70.

Capital Group Core Plus Income ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Monday, March 2nd. Stockholders of record on Friday, February 27th were paid a dividend of $0.0845 per share. This is a boost from Capital Group Core Plus Income ETF’s previous monthly dividend of $0.08. The ex-dividend date of this dividend was Friday, February 27th. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%.

About Capital Group Core Plus Income ETF

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.