Kintra Wealth LLC Has $2.18 Million Stock Holdings in Capital Group Core Plus Income ETF $CGCP

Kintra Wealth LLC increased its stake in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 124.3% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 98,704 shares of the company’s stock after buying an additional 54,700 shares during the period. Kintra Wealth LLC’s holdings in Capital Group Core Plus Income ETF were worth $2,179,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. Capital International Investors lifted its position in Capital Group Core Plus Income ETF by 24.7% during the fourth quarter. Capital International Investors now owns 41,266,604 shares of the company’s stock worth $934,276,000 after acquiring an additional 8,184,599 shares during the last quarter. LPL Financial LLC lifted its holdings in Capital Group Core Plus Income ETF by 25.1% during the 4th quarter. LPL Financial LLC now owns 23,722,685 shares of the company’s stock worth $537,082,000 after purchasing an additional 4,757,976 shares during the last quarter. WNY Asset Management LLC bought a new stake in Capital Group Core Plus Income ETF in the 1st quarter valued at $94,023,000. Morgan Stanley increased its position in Capital Group Core Plus Income ETF by 14.2% during the 4th quarter. Morgan Stanley now owns 18,386,647 shares of the company’s stock worth $416,274,000 after buying an additional 2,287,585 shares during the period. Finally, Wells Fargo & Company MN increased its position in Capital Group Core Plus Income ETF by 14.3% during the 4th quarter. Wells Fargo & Company MN now owns 14,897,308 shares of the company’s stock worth $337,275,000 after buying an additional 1,861,484 shares during the period.

Capital Group Core Plus Income ETF Stock Performance

CGCP opened at $21.88 on Friday. The stock has a fifty day moving average of $22.08 and a 200-day moving average of $22.32. The company has a market capitalization of $8.38 billion, a P/E ratio of 10.69 and a beta of 0.32. Capital Group Core Plus Income ETF has a fifty-two week low of $21.84 and a fifty-two week high of $23.00.

Capital Group Core Plus Income ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, August 3rd. Shareholders of record on Friday, July 31st were issued a $0.1074 dividend. The ex-dividend date of this dividend was Friday, July 31st. This represents a c) dividend on an annualized basis and a yield of 5.9%. This is an increase from Capital Group Core Plus Income ETF’s previous monthly dividend of $0.08.

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. CGCP was launched on Feb 22, 2022 and is managed by Capital Group.