919,978 Shares in Capital Group Core Plus Income ETF $CGCP Acquired by Aprio Wealth Management LLC

Aprio Wealth Management LLC bought a new stake in Capital Group Core Plus Income ETF (NYSEARCA:CGCP) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 919,978 shares of the company’s stock, valued at approximately $20,828,000. Capital Group Core Plus Income ETF makes up about 1.3% of Aprio Wealth Management LLC’s investment portfolio, making the stock its 21st biggest position. Aprio Wealth Management LLC owned about 0.31% of Capital Group Core Plus Income ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of CGCP. Integrated Wealth Concepts LLC lifted its holdings in shares of Capital Group Core Plus Income ETF by 63.4% during the 1st quarter. Integrated Wealth Concepts LLC now owns 14,920 shares of the company’s stock worth $335,000 after acquiring an additional 5,790 shares during the last quarter. Goldman Sachs Group Inc. bought a new position in Capital Group Core Plus Income ETF in the first quarter valued at $2,904,000. Focus Partners Wealth purchased a new stake in Capital Group Core Plus Income ETF during the first quarter valued at about $313,000. JPMorgan Chase & Co. raised its position in Capital Group Core Plus Income ETF by 25.1% during the second quarter. JPMorgan Chase & Co. now owns 57,428 shares of the company’s stock valued at $1,292,000 after purchasing an additional 11,516 shares in the last quarter. Finally, NewEdge Advisors LLC lifted its stake in Capital Group Core Plus Income ETF by 79.1% during the second quarter. NewEdge Advisors LLC now owns 177,883 shares of the company’s stock worth $4,002,000 after purchasing an additional 78,553 shares during the last quarter.

Capital Group Core Plus Income ETF Stock Performance

CGCP opened at $22.55 on Monday. The stock has a 50-day moving average price of $22.56 and a 200-day moving average price of $22.67. Capital Group Core Plus Income ETF has a 12-month low of $21.95 and a 12-month high of $23.00. The stock has a market capitalization of $7.55 billion, a P/E ratio of 10.69 and a beta of 0.35.

Capital Group Core Plus Income ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, March 2nd. Investors of record on Friday, February 27th were given a $0.0845 dividend. This represents a c) dividend on an annualized basis and a yield of 4.5%. The ex-dividend date was Friday, February 27th. This is a positive change from Capital Group Core Plus Income ETF’s previous monthly dividend of $0.08.

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.