Johnson Bixby & Associates LLC Raises Stock Holdings in Capital Group Core Plus Income ETF $CGCP

Johnson Bixby & Associates LLC grew its holdings in Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 1.7% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 5,631,675 shares of the company’s stock after purchasing an additional 94,691 shares during the period. Capital Group Core Plus Income ETF makes up about 17.4% of Johnson Bixby & Associates LLC’s portfolio, making the stock its biggest position. Johnson Bixby & Associates LLC owned about 2.44% of Capital Group Core Plus Income ETF worth $126,713,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. LPL Financial LLC grew its stake in shares of 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 worth $278,497,000 after purchasing an additional 3,884,005 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake 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 in the last quarter. Cetera Investment Advisers raised its stake 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 worth $109,099,000 after buying an additional 568,696 shares during the period. Northwestern Mutual Wealth Management Co. grew its position in Capital Group Core Plus Income ETF by 10.9% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 4,605,576 shares of the company’s stock valued at $103,395,000 after purchasing an additional 453,513 shares during the period. Finally, Raymond James Financial Inc. increased its position in shares of Capital Group Core Plus Income ETF by 6.3% during the first quarter. Raymond James Financial Inc. now owns 4,472,790 shares of the company’s stock worth $100,414,000 after acquiring an additional 263,313 shares in the last quarter.

Capital Group Core Plus Income ETF Price Performance

CGCP opened at $22.77 on Friday. The company has a market capitalization of $5.36 billion, a price-to-earnings ratio of 10.69 and a beta of 0.39. The firm’s fifty day moving average price is $22.65 and its two-hundred day moving average price is $22.41. Capital Group Core Plus Income ETF has a 1 year low of $21.74 and a 1 year high of $23.20.

Capital Group Core Plus Income ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, August 1st. Shareholders of record on Thursday, July 31st were given a dividend of $0.1227 per share. This represents a c) dividend on an annualized basis and a yield of 6.5%. The ex-dividend date was Thursday, July 31st.

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.