Capital Group Core Plus Income ETF $CGCP Stock Position Raised by Assetmark Inc.

Assetmark Inc. boosted its holdings in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 100.4% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 88,313 shares of the company’s stock after acquiring an additional 44,238 shares during the quarter. Assetmark Inc.’s holdings in Capital Group Core Plus Income ETF were worth $1,999,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in CGCP. U.S. Capital Wealth Advisors LLC increased its stake in shares of Capital Group Core Plus Income ETF by 6.2% during the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 26,769 shares of the company’s stock worth $606,000 after purchasing an additional 1,560 shares during the last quarter. Diversify Advisory Services LLC bought a new position in Capital Group Core Plus Income ETF during the fourth quarter valued at about $667,000. Trilogy Capital Inc. lifted its position in shares of Capital Group Core Plus Income ETF by 11.0% in the fourth quarter. Trilogy Capital Inc. now owns 13,364 shares of the company’s stock worth $303,000 after buying an additional 1,323 shares during the last quarter. Vicus Capital lifted its position in shares of Capital Group Core Plus Income ETF by 103.0% in the fourth quarter. Vicus Capital now owns 41,867 shares of the company’s stock worth $948,000 after buying an additional 21,242 shares during the last quarter. Finally, Capital Investment Advisory Services LLC boosted its stake in shares of Capital Group Core Plus Income ETF by 97.7% during the 4th quarter. Capital Investment Advisory Services LLC now owns 25,298 shares of the company’s stock worth $573,000 after acquiring an additional 12,504 shares in the last quarter.

Capital Group Core Plus Income ETF Stock Performance

Shares of NYSEARCA CGCP opened at $22.59 on Tuesday. The firm has a market cap of $7.50 billion, a price-to-earnings ratio of 10.69 and a beta of 0.35. The business’s 50-day simple moving average is $22.58 and its 200-day simple moving average is $22.68. Capital Group Core Plus Income ETF has a 52 week low of $21.95 and a 52 week high of $23.00.

Capital Group Core Plus Income ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Monday, March 2nd. Shareholders of record on Friday, February 27th were given a dividend of $0.0845 per share. The ex-dividend date of this dividend was Friday, February 27th. This is an increase 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 yield of 4.5%.

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.