World Investment Advisors Buys 37,262 Shares of Capital Group Core Plus Income ETF $CGCP

World Investment Advisors raised its stake in Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 77.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 85,228 shares of the company’s stock after purchasing an additional 37,262 shares during the period. World Investment Advisors’ holdings in Capital Group Core Plus Income ETF were worth $1,930,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the stock. Certior Financial Group LLC boosted its holdings in Capital Group Core Plus Income ETF by 10.7% in the 4th quarter. Certior Financial Group LLC now owns 35,818 shares of the company’s stock valued at $811,000 after purchasing an additional 3,464 shares during the period. Beam Wealth Advisors Inc. boosted its holdings in Capital Group Core Plus Income ETF by 4.1% in the 4th quarter. Beam Wealth Advisors Inc. now owns 12,134 shares of the company’s stock valued at $275,000 after purchasing an additional 478 shares during the period. Ridgeline Wealth Planning LLC boosted its holdings in Capital Group Core Plus Income ETF by 3.3% in the 4th quarter. Ridgeline Wealth Planning LLC now owns 17,420 shares of the company’s stock valued at $394,000 after purchasing an additional 555 shares during the period. Koshinski Asset Management Inc. boosted its holdings in Capital Group Core Plus Income ETF by 23.5% in the 4th quarter. Koshinski Asset Management Inc. now owns 44,925 shares of the company’s stock valued at $1,017,000 after purchasing an additional 8,536 shares during the period. Finally, Entruity Wealth LLC boosted its holdings in Capital Group Core Plus Income ETF by 86.5% in the 4th quarter. Entruity Wealth LLC now owns 434,569 shares of the company’s stock valued at $9,839,000 after purchasing an additional 201,571 shares during the period.

Capital Group Core Plus Income ETF Price Performance

Shares of Capital Group Core Plus Income ETF stock opened at $22.17 on Friday. Capital Group Core Plus Income ETF has a fifty-two week low of $21.95 and a fifty-two week high of $23.00. The firm has a fifty day moving average price of $22.44 and a two-hundred day moving average price of $22.63. The company has a market cap of $7.51 billion, a PE ratio of 10.69 and a beta of 0.33.

Capital Group Core Plus Income ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Monday, March 2nd. Shareholders of record on Friday, February 27th were issued a $0.0845 dividend. This is a boost from Capital Group Core Plus Income ETF’s previous monthly dividend of $0.08. The ex-dividend date of this dividend was Friday, February 27th. This represents a c) dividend on an annualized basis and a yield of 4.6%.

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. CGCP was launched on Feb 22, 2022 and is managed by Capital Group.