Capital Group Core Plus Income ETF $CGCP Shares Bought by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC increased its position in Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 17.0% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 3,702,965 shares of the company’s stock after acquiring an additional 538,551 shares during the period. Commonwealth Equity Services LLC’s holdings in Capital Group Core Plus Income ETF were worth $83,317,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of CGCP. Vermillion & White Wealth Management Group LLC bought a new stake in Capital Group Core Plus Income ETF in the first quarter worth about $53,000. CWM LLC bought a new stake in shares of Capital Group Core Plus Income ETF in the 1st quarter worth approximately $84,000. Thurston Springer Miller Herd & Titak Inc. lifted its stake in Capital Group Core Plus Income ETF by 190.2% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 4,490 shares of the company’s stock valued at $101,000 after purchasing an additional 2,943 shares during the last quarter. Olistico Wealth LLC boosted its position in shares of Capital Group Core Plus Income ETF by 20.5% in the 2nd quarter. Olistico Wealth LLC now owns 6,440 shares of the company’s stock valued at $145,000 after purchasing an additional 1,094 shares during the period. Finally, Financial Perspectives Inc boosted its stake in Capital Group Core Plus Income ETF by 10.7% in the 2nd quarter. Financial Perspectives Inc now owns 8,255 shares of the company’s stock worth $186,000 after purchasing an additional 799 shares during the period.

Capital Group Core Plus Income ETF Stock Up 0.4%

Capital Group Core Plus Income ETF stock opened at $22.72 on Friday. Capital Group Core Plus Income ETF has a 12 month low of $21.74 and a 12 month high of $23.00. The company’s fifty day simple moving average is $22.81 and its 200-day simple moving average is $22.51. The stock has a market cap of $5.95 billion, a P/E ratio of 10.69 and a beta of 0.36.

Capital Group Core Plus Income ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, November 3rd. Investors of record on Friday, October 31st were issued a dividend of $0.1107 per share. The ex-dividend date of this dividend was Friday, October 31st. This represents a c) annualized dividend and a dividend yield of 5.8%. This is an increase from Capital Group Core Plus Income ETF’s previous monthly dividend of $0.09.

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.