Stonebridge Financial Group LLC Purchases Shares of 1,052,329 Capital Group Core Plus Income ETF (NYSEARCA:CGCP)

Stonebridge Financial Group LLC acquired a new position in Capital Group Core Plus Income ETF (NYSEARCA:CGCP) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 1,052,329 shares of the company’s stock, valued at approximately $23,362,000. Capital Group Core Plus Income ETF accounts for approximately 2.6% of Stonebridge Financial Group LLC’s portfolio, making the stock its 7th biggest position. Stonebridge Financial Group LLC owned 1.08% of Capital Group Core Plus Income ETF as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the company. Blue Trust Inc. acquired a new stake in Capital Group Core Plus Income ETF during the fourth quarter worth $31,000. Creative Financial Designs Inc. ADV lifted its holdings in shares of Capital Group Core Plus Income ETF by 49.8% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 1,774 shares of the company’s stock worth $41,000 after acquiring an additional 590 shares during the period. Transcendent Capital Group LLC acquired a new stake in shares of Capital Group Core Plus Income ETF during the 3rd quarter valued at about $53,000. Private Trust Co. NA increased its stake in Capital Group Core Plus Income ETF by 151.8% in the third quarter. Private Trust Co. NA now owns 9,064 shares of the company’s stock valued at $210,000 after acquiring an additional 5,465 shares during the period. Finally, Seamount Financial Group Inc. acquired a new position in Capital Group Core Plus Income ETF in the fourth quarter worth about $215,000.

Capital Group Core Plus Income ETF Stock Performance

Shares of CGCP opened at $22.34 on Tuesday. Capital Group Core Plus Income ETF has a 12 month low of $21.82 and a 12 month high of $23.39. The company has a 50-day moving average price of $22.31 and a two-hundred day moving average price of $22.63.

Capital Group Core Plus Income ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Monday, February 3rd. Investors of record on Friday, January 31st were paid a $0.0801 dividend. The ex-dividend date was Friday, January 31st.

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.