Clearview Wealth Advisors LLC Increases Stock Position in Capital Group Core Plus Income ETF $CGCP

Clearview Wealth Advisors LLC lifted its position in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 9.4% during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 601,461 shares of the company’s stock after buying an additional 51,910 shares during the quarter. Capital Group Core Plus Income ETF makes up 8.7% of Clearview Wealth Advisors LLC’s holdings, making the stock its largest holding. Clearview Wealth Advisors LLC owned 0.23% of Capital Group Core Plus Income ETF worth $13,665,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of CGCP. Envestnet Asset Management Inc. lifted its position in shares of Capital Group Core Plus Income ETF by 44.8% in the second quarter. Envestnet Asset Management Inc. now owns 7,601,504 shares of the company’s stock valued at $171,034,000 after acquiring an additional 2,353,628 shares in the last quarter. Merit Financial Group LLC lifted its holdings in Capital Group Core Plus Income ETF by 1,078.9% in the 3rd quarter. Merit Financial Group LLC now owns 2,259,377 shares of the company’s stock worth $51,333,000 after purchasing an additional 2,067,719 shares in the last quarter. Stonebridge Financial Group LLC boosted its stake in Capital Group Core Plus Income ETF by 50.8% in the 2nd 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 during the period. Commonwealth Equity Services LLC boosted its stake in Capital Group Core Plus Income ETF by 17.0% in the 2nd quarter. Commonwealth Equity Services LLC now owns 3,702,965 shares of the company’s stock worth $83,317,000 after purchasing an additional 538,551 shares during the period. Finally, Tribridge Partners Financial LLC purchased a new stake in Capital Group Core Plus Income ETF during the 2nd quarter valued at approximately $10,765,000.

Capital Group Core Plus Income ETF Stock Performance

CGCP stock opened at $22.72 on Friday. The company’s fifty day moving average price is $22.70 and its 200-day moving average price is $22.67. Capital Group Core Plus Income ETF has a one year low of $21.74 and a one year high of $23.00. The company has a market capitalization of $6.52 billion, a PE ratio of 10.69 and a beta of 0.36.

Capital Group Core Plus Income ETF Increases Dividend

The business also recently disclosed 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 is a boost from Capital Group Core Plus Income ETF’s previous monthly dividend of $0.09. The ex-dividend date of this dividend was Wednesday, December 24th. This represents a c) annualized dividend and a dividend yield of 6.2%.

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.