Clg LLC Has $3.13 Million Stock Position in Capital Group Core Plus Income ETF $CGCP

Clg LLC lifted its stake in Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 21.8% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 138,241 shares of the company’s stock after purchasing an additional 24,775 shares during the period. Capital Group Core Plus Income ETF accounts for approximately 0.8% of Clg LLC’s holdings, making the stock its 29th largest holding. Clg LLC’s holdings in Capital Group Core Plus Income ETF were worth $3,130,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Fifth Third Bancorp acquired a new position in Capital Group Core Plus Income ETF in the third quarter valued at about $32,000. Central Pacific Bank Trust Division acquired a new position in shares of Capital Group Core Plus Income ETF during the 4th quarter worth about $35,000. US Bancorp DE acquired a new position in shares of Capital Group Core Plus Income ETF during the 3rd quarter worth about $41,000. Marshall & Sterling Wealth Advisors Inc. increased its stake in shares of Capital Group Core Plus Income ETF by 85.2% in the 3rd quarter. Marshall & Sterling Wealth Advisors Inc. now owns 4,211 shares of the company’s stock valued at $96,000 after acquiring an additional 1,937 shares during the last quarter. Finally, MAI Capital Management raised its position in shares of Capital Group Core Plus Income ETF by 148.3% in the 3rd quarter. MAI Capital Management now owns 5,033 shares of the company’s stock valued at $114,000 after acquiring an additional 3,006 shares during the period.

Capital Group Core Plus Income ETF Price Performance

Capital Group Core Plus Income ETF stock opened at $22.26 on Tuesday. The firm has a market capitalization of $6.67 billion, a price-to-earnings ratio of 10.69 and a beta of 0.36. The company’s 50 day simple moving average is $22.64 and its 200 day simple moving average is $22.72. Capital Group Core Plus Income ETF has a fifty-two week low of $21.74 and a fifty-two week high of $23.00.

Capital Group Core Plus Income ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Monday, March 2nd. Stockholders of record on Friday, February 27th were given a dividend of $0.0845 per share. This is a positive change from Capital Group Core Plus Income ETF’s previous monthly dividend of $0.08. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date of this dividend was Friday, February 27th.

Capital Group Core Plus Income ETF Company 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.