PFG Advisors Has $1.05 Million Position in Capital Group Core Plus Income ETF $CGCP

PFG Advisors grew its position in Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 10.5% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 46,863 shares of the company’s stock after purchasing an additional 4,471 shares during the period. PFG Advisors’ holdings in Capital Group Core Plus Income ETF were worth $1,054,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the company. LPL Financial LLC boosted its position in Capital Group Core Plus Income ETF by 45.6% in the first quarter. LPL Financial LLC now owns 12,405,221 shares of the company’s stock valued at $278,497,000 after buying an additional 3,884,005 shares in the last quarter. Envestnet Asset Management Inc. grew its position in Capital Group Core Plus Income ETF by 44.8% during the 2nd 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 last quarter. Quadcap Wealth Management LLC grew its position in Capital Group Core Plus Income ETF by 7,134.7% during the 1st 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 increased its holdings in Capital Group Core Plus Income ETF by 13.3% during the 1st quarter. Cetera Investment Advisers now owns 4,859,643 shares of the company’s stock valued at $109,099,000 after purchasing an additional 568,696 shares in the last quarter. Finally, Stonebridge Financial Group LLC raised its position in Capital Group Core Plus Income ETF by 50.8% in the 2nd quarter. Stonebridge Financial Group LLC now owns 1,637,195 shares of the company’s stock valued at $36,837,000 after purchasing an additional 551,389 shares during the last quarter.

Capital Group Core Plus Income ETF Stock Performance

Shares of CGCP stock opened at $22.70 on Tuesday. Capital Group Core Plus Income ETF has a 52 week low of $21.74 and a 52 week high of $23.00. The stock has a market capitalization of $5.94 billion, a PE ratio of 10.69 and a beta of 0.36. The stock’s fifty day moving average is $22.82 and its 200-day moving average is $22.52.

Capital Group Core Plus Income ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, November 3rd. Shareholders of record on Friday, October 31st were given a $0.1107 dividend. This represents a c) annualized dividend and a yield of 5.9%. The ex-dividend date was Friday, October 31st. This is a boost from Capital Group Core Plus Income ETF’s previous monthly dividend of $0.09.

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.