Capital Group Core Plus Income ETF $CGCP Shares Bought by Entruity Wealth LLC

Entruity Wealth LLC increased its holdings in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 7.1% during the 2nd quarter, Holdings Channel.com reports. The fund owned 218,672 shares of the company’s stock after acquiring an additional 14,589 shares during the period. Capital Group Core Plus Income ETF accounts for about 4.2% of Entruity Wealth LLC’s portfolio, making the stock its 9th largest position. Entruity Wealth LLC’s holdings in Capital Group Core Plus Income ETF were worth $4,920,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in CGCP. Arkadios Wealth Advisors lifted its stake in Capital Group Core Plus Income ETF by 2.6% during the first quarter. Arkadios Wealth Advisors now owns 22,444 shares of the company’s stock worth $504,000 after purchasing an additional 579 shares during the period. Breakwater Capital Group lifted its position in shares of Capital Group Core Plus Income ETF by 5.0% during the 2nd quarter. Breakwater Capital Group now owns 13,299 shares of the company’s stock worth $299,000 after buying an additional 638 shares during the period. Creative Financial Designs Inc. ADV lifted its position in shares of Capital Group Core Plus Income ETF by 9.4% during the 2nd quarter. Creative Financial Designs Inc. ADV now owns 8,451 shares of the company’s stock worth $190,000 after buying an additional 723 shares during the period. Financial Perspectives Inc boosted its stake in Capital Group Core Plus Income ETF by 10.7% in the 2nd quarter. Financial Perspectives Inc now owns 8,255 shares of the company’s stock valued at $186,000 after buying an additional 799 shares in the last quarter. Finally, Smith Thornton Advisors LLC grew its position in Capital Group Core Plus Income ETF by 0.4% in the second quarter. Smith Thornton Advisors LLC now owns 220,283 shares of the company’s stock valued at $4,956,000 after acquiring an additional 868 shares during the period.

Capital Group Core Plus Income ETF Stock Performance

Shares of NYSEARCA CGCP opened at $22.75 on Friday. Capital Group Core Plus Income ETF has a 52-week low of $21.74 and a 52-week high of $23.00. The business has a fifty day moving average of $22.80 and a two-hundred day moving average of $22.55. The stock has a market cap of $5.96 billion, a PE ratio of 10.69 and a beta of 0.36.

Capital Group Core Plus Income ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Monday, November 3rd. Investors of record on Friday, October 31st were issued a dividend of $0.1107 per share. The ex-dividend date of this dividend was Friday, October 31st. This represents a c) annualized dividend and a yield of 5.8%. This is an increase 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.