Capital Group Core Plus Income ETF $CGCP Shares Bought by Studio Investment Management LLC

Studio Investment Management LLC boosted its holdings in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 1.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 193,308 shares of the company’s stock after acquiring an additional 3,589 shares during the period. Studio Investment Management LLC’s holdings in Capital Group Core Plus Income ETF were worth $4,349,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in CGCP. LPL Financial LLC raised its position in Capital Group Core Plus Income ETF by 45.6% during the first quarter. LPL Financial LLC now owns 12,405,221 shares of the company’s stock worth $278,497,000 after acquiring an additional 3,884,005 shares during the last quarter. Envestnet Asset Management Inc. raised its position in Capital Group Core Plus Income ETF by 16.8% during the first quarter. Envestnet Asset Management Inc. now owns 5,247,876 shares of the company’s stock worth $117,815,000 after acquiring an additional 753,524 shares during the last quarter. Quadcap Wealth Management LLC raised its position in Capital Group Core Plus Income ETF by 7,134.7% during the first quarter. Quadcap Wealth Management LLC now owns 731,068 shares of the company’s stock worth $16,412,000 after acquiring an additional 720,963 shares during the last quarter. Cetera Investment Advisers raised its position in Capital Group Core Plus Income ETF by 13.3% during the first quarter. Cetera Investment Advisers now owns 4,859,643 shares of the company’s stock worth $109,099,000 after acquiring an additional 568,696 shares during the last quarter. Finally, Stonebridge Financial Group LLC raised its position in Capital Group Core Plus Income ETF by 50.8% during the second quarter. Stonebridge Financial Group LLC now owns 1,637,195 shares of the company’s stock worth $36,837,000 after acquiring an additional 551,389 shares during the last quarter.

Capital Group Core Plus Income ETF Trading Up 0.1%

Shares of CGCP opened at $22.97 on Wednesday. The stock has a market cap of $5.89 billion, a P/E ratio of 10.69 and a beta of 0.39. The company has a 50-day moving average of $22.75 and a two-hundred day moving average of $22.45. Capital Group Core Plus Income ETF has a 12-month low of $21.74 and a 12-month high of $23.00.

Capital Group Core Plus Income ETF Cuts Dividend

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