NavPoint Financial Inc. Has $13.96 Million Stock Position in Capital Group Core Plus Income ETF $CGCP

NavPoint Financial Inc. raised its position in Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 9.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 614,447 shares of the company’s stock after purchasing an additional 55,176 shares during the quarter. Capital Group Core Plus Income ETF accounts for approximately 7.3% of NavPoint Financial Inc.’s holdings, making the stock its 3rd largest holding. NavPoint Financial Inc. owned 0.24% of Capital Group Core Plus Income ETF worth $13,960,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of the company. MAI Capital Management bought a new position in shares of Capital Group Core Plus Income ETF during the second quarter worth about $46,000. Vermillion & White Wealth Management Group LLC acquired a new position in Capital Group Core Plus Income ETF during the 1st quarter worth approximately $53,000. Thurston Springer Miller Herd & Titak Inc. boosted its position in Capital Group Core Plus Income ETF by 190.2% during the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 4,490 shares of the company’s stock worth $101,000 after acquiring an additional 2,943 shares during the last quarter. Olistico Wealth LLC grew its stake in shares of Capital Group Core Plus Income ETF by 20.5% during the 2nd quarter. Olistico Wealth LLC now owns 6,440 shares of the company’s stock worth $145,000 after acquiring an additional 1,094 shares in the last quarter. Finally, Financial Perspectives Inc raised its holdings in shares of Capital Group Core Plus Income ETF by 10.7% in the second quarter. Financial Perspectives Inc now owns 8,255 shares of the company’s stock valued at $186,000 after purchasing an additional 799 shares during the last quarter.

Capital Group Core Plus Income ETF Stock Up 0.2%

Shares of CGCP stock opened at $22.75 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 $22.77 and its 200-day simple moving average is $22.62. The firm has a market cap of $5.96 billion, a PE ratio of 10.69 and a beta of 0.36.

Capital Group Core Plus Income ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, December 1st. Shareholders of record on Friday, November 28th were given a dividend of $0.0855 per share. The ex-dividend date of this dividend was Friday, November 28th. This represents a c) annualized dividend and a yield of 4.5%.

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.