Cyndeo Wealth Partners LLC Increases Stock Holdings in Capital Group Core Plus Income ETF $CGCP

Cyndeo Wealth Partners LLC lifted its position in Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 2.9% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 75,374 shares of the company’s stock after buying an additional 2,142 shares during the quarter. Cyndeo Wealth Partners LLC’s holdings in Capital Group Core Plus Income ETF were worth $1,696,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Financial Perspectives Inc lifted its holdings in shares of Capital Group Core Plus Income ETF by 7.7% in the first quarter. Financial Perspectives Inc now owns 7,456 shares of the company’s stock worth $167,000 after buying an additional 531 shares in the last quarter. Arkadios Wealth Advisors lifted its holdings in shares of Capital Group Core Plus Income ETF by 2.6% in the first quarter. Arkadios Wealth Advisors now owns 22,444 shares of the company’s stock worth $504,000 after buying an additional 579 shares in the last quarter. Breakwater Capital Group lifted its holdings in shares of Capital Group Core Plus Income ETF by 5.0% in the second quarter. Breakwater Capital Group now owns 13,299 shares of the company’s stock worth $299,000 after buying an additional 638 shares in the last quarter. Tyler Stone Wealth Management lifted its holdings in shares of Capital Group Core Plus Income ETF by 2.1% in the first quarter. Tyler Stone Wealth Management now owns 47,561 shares of the company’s stock worth $1,068,000 after buying an additional 985 shares in the last quarter. Finally, DAVENPORT & Co LLC lifted its holdings in shares of Capital Group Core Plus Income ETF by 1.0% in the second quarter. DAVENPORT & Co LLC now owns 107,741 shares of the company’s stock worth $2,424,000 after buying an additional 1,038 shares in the last quarter.

Capital Group Core Plus Income ETF Trading Up 0.2%

Shares of Capital Group Core Plus Income ETF stock opened at $22.77 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 has a market cap of $5.90 billion, a price-to-earnings ratio of 10.69 and a beta of 0.39. The company’s 50-day moving average price is $22.71 and its 200-day moving average price is $22.43.

Capital Group Core Plus Income ETF Cuts Dividend

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

Capital Group Core Plus Income ETF Company 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.