WBH Advisory Inc. Acquires 15,579 Shares of Capital Group Core Plus Income ETF $CGCP

WBH Advisory Inc. raised its position in Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 3.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 429,060 shares of the company’s stock after buying an additional 15,579 shares during the quarter. WBH Advisory Inc.’s holdings in Capital Group Core Plus Income ETF were worth $9,654,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the company. LPL Financial LLC raised its stake in shares of Capital Group Core Plus Income ETF by 45.6% in the first quarter. LPL Financial LLC now owns 12,405,221 shares of the company’s stock valued at $278,497,000 after buying an additional 3,884,005 shares during the period. Johnson Bixby & Associates LLC raised its stake in shares of Capital Group Core Plus Income ETF by 1.7% in the second quarter. Johnson Bixby & Associates LLC now owns 5,631,675 shares of the company’s stock valued at $126,713,000 after buying an additional 94,691 shares during the period. Envestnet Asset Management Inc. raised its stake in shares of Capital Group Core Plus Income ETF by 16.8% in the first quarter. Envestnet Asset Management Inc. now owns 5,247,876 shares of the company’s stock valued at $117,815,000 after buying an additional 753,524 shares during the period. Cetera Investment Advisers raised its stake in shares of Capital Group Core Plus Income ETF by 13.3% in the first quarter. Cetera Investment Advisers now owns 4,859,643 shares of the company’s stock valued at $109,099,000 after buying an additional 568,696 shares during the period. Finally, Northwestern Mutual Wealth Management Co. raised its stake in shares of Capital Group Core Plus Income ETF by 10.9% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 4,605,576 shares of the company’s stock valued at $103,395,000 after buying an additional 453,513 shares during the period.

Capital Group Core Plus Income ETF Price Performance

Shares of CGCP opened at $22.92 on Monday. The firm has a market cap of $5.87 billion, a PE ratio of 10.69 and a beta of 0.39. The stock’s fifty day moving average price is $22.74 and its two-hundred day moving average price is $22.44. Capital Group Core Plus Income ETF has a 1 year low of $21.74 and a 1 year high of $23.00.

Capital Group Core Plus Income ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Monday, September 29th were paid a $0.0901 dividend. The ex-dividend date was Monday, September 29th. This represents a c) annualized dividend and a dividend yield of 4.7%.

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.