Benjamin Edwards Inc. Has $8.76 Million Position in Capital Group Core Plus Income ETF $CGCP

Benjamin Edwards Inc. raised its stake in Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 20.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 385,664 shares of the company’s stock after buying an additional 65,065 shares during the period. Benjamin Edwards Inc. owned about 0.15% of Capital Group Core Plus Income ETF worth $8,762,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Bridgewealth Advisory Group LLC lifted its stake in shares of Capital Group Core Plus Income ETF by 5.2% in the third quarter. Bridgewealth Advisory Group LLC now owns 377,639 shares of the company’s stock worth $8,580,000 after acquiring an additional 18,570 shares during the period. New England Capital Financial Advisors LLC raised its holdings in Capital Group Core Plus Income ETF by 4.4% during the 3rd quarter. New England Capital Financial Advisors LLC now owns 567,985 shares of the company’s stock worth $12,905,000 after purchasing an additional 24,092 shares during the last quarter. Tribridge Partners Financial LLC lifted its position in shares of Capital Group Core Plus Income ETF by 23.3% in the 3rd quarter. Tribridge Partners Financial LLC now owns 590,032 shares of the company’s stock worth $13,447,000 after purchasing an additional 111,601 shares during the period. CoreCap Advisors LLC boosted its stake in shares of Capital Group Core Plus Income ETF by 40.4% in the 3rd quarter. CoreCap Advisors LLC now owns 10,592 shares of the company’s stock valued at $241,000 after purchasing an additional 3,049 shares during the last quarter. Finally, Bernardo Wealth Planning LLC boosted its stake in shares of Capital Group Core Plus Income ETF by 6.3% in the 3rd quarter. Bernardo Wealth Planning LLC now owns 1,125,315 shares of the company’s stock valued at $25,567,000 after purchasing an additional 66,854 shares during the last quarter.

Capital Group Core Plus Income ETF Stock Down 0.0%

CGCP opened at $22.67 on Friday. Capital Group Core Plus Income ETF has a twelve month low of $21.74 and a twelve month high of $23.00. The company has a fifty day moving average of $22.70 and a 200-day moving average of $22.67. The stock has a market cap of $6.51 billion, a PE ratio of 10.69 and a beta of 0.36.

Capital Group Core Plus Income ETF Increases Dividend

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

Capital Group Core Plus Income ETF 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. CGCP was launched on Feb 22, 2022 and is managed by Capital Group.