Capital Group Core Plus Income ETF $CGCP Shares Acquired by EverSource Wealth Advisors LLC

EverSource Wealth Advisors LLC increased its stake in Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 40.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 621,845 shares of the company’s stock after purchasing an additional 177,542 shares during the quarter. EverSource Wealth Advisors LLC owned about 0.21% of Capital Group Core Plus Income ETF worth $14,079,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the stock. Adamsbrown Wealth Consultants LLC lifted its holdings in Capital Group Core Plus Income ETF by 15.5% in the 3rd quarter. Adamsbrown Wealth Consultants LLC now owns 1,457,043 shares of the company’s stock valued at $33,104,000 after acquiring an additional 195,549 shares during the last quarter. Diversify Advisory Services LLC acquired a new stake in Capital Group Core Plus Income ETF in the 4th quarter valued at about $667,000. Affiance Financial LLC lifted its holdings in Capital Group Core Plus Income ETF by 27.6% in the 4th quarter. Affiance Financial LLC now owns 245,357 shares of the company’s stock valued at $5,555,000 after acquiring an additional 53,114 shares during the last quarter. Citigroup Inc. acquired a new stake in Capital Group Core Plus Income ETF in the 3rd quarter valued at about $2,183,000. Finally, Stonebridge Financial Group LLC lifted its holdings in Capital Group Core Plus Income ETF by 5.0% in the 4th quarter. Stonebridge Financial Group LLC now owns 1,981,698 shares of the company’s stock valued at $44,866,000 after acquiring an additional 94,501 shares during the last quarter.

Capital Group Core Plus Income ETF Trading Up 0.1%

Shares of NYSEARCA CGCP opened at $22.27 on Friday. Capital Group Core Plus Income ETF has a twelve month low of $22.02 and a twelve month high of $23.00. The company has a market capitalization of $7.54 billion, a price-to-earnings ratio of 10.69 and a beta of 0.33. The firm has a 50-day moving average of $22.39 and a two-hundred day moving average of $22.60.

Capital Group Core Plus Income ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, March 2nd. Shareholders of record on Friday, February 27th were issued a $0.0845 dividend. This represents a c) dividend on an annualized basis and a yield of 4.6%. The ex-dividend date of this dividend was Friday, February 27th. This is a positive change from Capital Group Core Plus Income ETF’s previous monthly dividend of $0.08.

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.