Capital Group Core Plus Income ETF $CGCP Shares Acquired by D.A. Davidson & CO.

D.A. Davidson & CO. boosted its stake in Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 8.4% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 803,865 shares of the company’s stock after buying an additional 62,492 shares during the period. D.A. Davidson & CO. owned 0.31% of Capital Group Core Plus Income ETF worth $18,264,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the stock. Envestnet Asset Management Inc. lifted its stake in shares of Capital Group Core Plus Income ETF by 44.8% in 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 period. Merit Financial Group LLC increased its stake in shares of Capital Group Core Plus Income ETF by 1,078.9% during the third quarter. Merit Financial Group LLC now owns 2,259,377 shares of the company’s stock valued at $51,333,000 after acquiring an additional 2,067,719 shares during the period. Stonebridge Financial Group LLC raised 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 purchasing an additional 551,389 shares in the last quarter. Commonwealth Equity Services LLC lifted its position in shares of Capital Group Core Plus Income ETF by 17.0% during the 2nd quarter. Commonwealth Equity Services LLC now owns 3,702,965 shares of the company’s stock valued at $83,317,000 after acquiring an additional 538,551 shares during the last quarter. Finally, Tribridge Partners Financial LLC acquired a new stake in shares of Capital Group Core Plus Income ETF during the second quarter worth $10,765,000.

Capital Group Core Plus Income ETF Stock Up 0.1%

Shares of NYSEARCA CGCP opened at $22.67 on Tuesday. Capital Group Core Plus Income ETF has a 12 month low of $21.74 and a 12 month high of $23.00. The company has a market cap of $6.49 billion, a price-to-earnings ratio of 10.69 and a beta of 0.36. The business has a fifty day simple moving average of $22.71 and a 200-day simple moving average of $22.66.

Capital Group Core Plus Income ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, December 26th. Shareholders of record on Wednesday, December 24th were issued a $0.1183 dividend. The ex-dividend date was Wednesday, December 24th. This is a positive change from Capital Group Core Plus Income ETF’s previous monthly dividend of $0.09. This represents a c) annualized dividend and a dividend yield of 6.3%.

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.