Ridgeline Wealth Planning LLC Purchases New Position in Capital Group Core Plus Income ETF (NYSEARCA:CGCP)

Ridgeline Wealth Planning LLC acquired a new stake in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 17,509 shares of the company’s stock, valued at approximately $389,000. Capital Group Core Plus Income ETF accounts for approximately 0.4% of Ridgeline Wealth Planning LLC’s investment portfolio, making the stock its 26th biggest position.

Other institutional investors have also recently bought and sold shares of the company. LPL Financial LLC boosted its position in shares of Capital Group Core Plus Income ETF by 69.4% during the third quarter. LPL Financial LLC now owns 5,490,411 shares of the company’s stock worth $126,938,000 after purchasing an additional 2,249,990 shares in the last quarter. Johnson Bixby & Associates LLC raised its stake in Capital Group Core Plus Income ETF by 8.3% during the 4th quarter. Johnson Bixby & Associates LLC now owns 4,402,179 shares of the company’s stock worth $97,728,000 after buying an additional 337,128 shares during the period. Commonwealth Equity Services LLC lifted its holdings in Capital Group Core Plus Income ETF by 38.7% during the third quarter. Commonwealth Equity Services LLC now owns 2,620,974 shares of the company’s stock worth $60,597,000 after acquiring an additional 731,316 shares in the last quarter. Raymond James & Associates grew its stake in Capital Group Core Plus Income ETF by 63.9% in the third quarter. Raymond James & Associates now owns 2,479,858 shares of the company’s stock valued at $57,334,000 after acquiring an additional 967,129 shares during the period. Finally, Janney Montgomery Scott LLC increased its holdings in shares of Capital Group Core Plus Income ETF by 22.5% in the fourth quarter. Janney Montgomery Scott LLC now owns 2,415,020 shares of the company’s stock worth $53,613,000 after acquiring an additional 444,281 shares in the last quarter.

Capital Group Core Plus Income ETF Stock Down 0.2 %

NYSEARCA CGCP opened at $22.29 on Wednesday. Capital Group Core Plus Income ETF has a one year low of $21.82 and a one year high of $23.39. The stock’s 50-day moving average is $22.30 and its 200-day moving average is $22.63.

Capital Group Core Plus Income ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Monday, February 3rd. Shareholders of record on Friday, January 31st were issued a dividend of $0.0801 per share. The ex-dividend date of this dividend 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.