WNY Asset Management LLC Buys 27,063 Shares of Capital Group Core Plus Income ETF $CGCP

WNY Asset Management LLC increased its stake in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 0.7% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,048,556 shares of the company’s stock after acquiring an additional 27,063 shares during the period. Capital Group Core Plus Income ETF comprises 10.0% of WNY Asset Management LLC’s holdings, making the stock its largest position. WNY Asset Management LLC owned approximately 1.74% of Capital Group Core Plus Income ETF worth $91,093,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of CGCP. LPL Financial LLC grew its holdings 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 period. Envestnet Asset Management Inc. grew its holdings in Capital Group Core Plus Income ETF by 44.8% during the second quarter. Envestnet Asset Management Inc. now owns 7,601,504 shares of the company’s stock worth $171,034,000 after acquiring an additional 2,353,628 shares during the period. Quadcap Wealth Management LLC grew its holdings 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 period. Cetera Investment Advisers grew its holdings 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 period. Finally, Stonebridge Financial Group LLC grew its holdings 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 period.

Capital Group Core Plus Income ETF Price Performance

Capital Group Core Plus Income ETF stock opened at $22.98 on Wednesday. The firm has a market cap of $5.96 billion, a price-to-earnings ratio of 10.69 and a beta of 0.36. Capital Group Core Plus Income ETF has a 52 week low of $21.74 and a 52 week high of $23.00. The business’s 50-day moving average price is $22.80 and its 200 day moving average price is $22.48.

Capital Group Core Plus Income ETF Cuts Dividend

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

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.