Thoroughbred Financial Services LLC Purchases New Holdings in Capital Group Core Plus Income ETF (NYSEARCA:CGCP)

Thoroughbred Financial Services LLC acquired a new position in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 24,622 shares of the company’s stock, valued at approximately $546,000.

Several other large investors also recently added to or reduced their stakes in CGCP. World Investment Advisors grew its holdings in shares of Capital Group Core Plus Income ETF by 87.8% during the fourth quarter. World Investment Advisors now owns 43,105 shares of the company’s stock valued at $957,000 after buying an additional 20,148 shares in the last quarter. OLD Mission Capital LLC acquired a new stake in Capital Group Core Plus Income ETF during the 4th quarter worth about $2,514,000. Level Four Advisory Services LLC grew its stake in Capital Group Core Plus Income ETF by 18.3% during the 4th quarter. Level Four Advisory Services LLC now owns 130,048 shares of the company’s stock valued at $2,887,000 after acquiring an additional 20,078 shares in the last quarter. Orion Portfolio Solutions LLC acquired a new position in shares of Capital Group Core Plus Income ETF in the 4th quarter valued at about $375,000. Finally, JPMorgan Chase & Co. lifted its position in shares of Capital Group Core Plus Income ETF by 2.2% in the fourth quarter. JPMorgan Chase & Co. now owns 45,104 shares of the company’s stock worth $1,001,000 after purchasing an additional 965 shares in the last quarter.

Capital Group Core Plus Income ETF Stock Performance

Shares of CGCP opened at $22.46 on Friday. The company has a market capitalization of $4.71 billion, a PE ratio of 10.94 and a beta of 0.37. The company’s 50 day moving average price is $22.44 and its 200 day moving average price is $22.51. Capital Group Core Plus Income ETF has a 52 week low of $21.82 and a 52 week high of $23.34.

Capital Group Core Plus Income ETF Increases Dividend

The business also recently declared a dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, March 28th were issued a dividend of $0.0921 per share. This is a boost from Capital Group Core Plus Income ETF’s previous dividend of $0.08. The ex-dividend date of this dividend was Friday, March 28th.

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.