Ashton Thomas Private Wealth LLC Buys 46,987 Shares of Capital Group Core Plus Income ETF $CGCP

Ashton Thomas Private Wealth LLC grew its stake in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 12.1% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 435,444 shares of the company’s stock after purchasing an additional 46,987 shares during the period. Ashton Thomas Private Wealth LLC owned about 0.15% of Capital Group Core Plus Income ETF worth $9,858,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Fifth Third Bancorp bought a new stake in Capital Group Core Plus Income ETF during the 3rd quarter worth approximately $32,000. Central Pacific Bank Trust Division purchased a new position in shares of Capital Group Core Plus Income ETF in the 4th quarter worth approximately $35,000. US Bancorp DE purchased a new position in shares of Capital Group Core Plus Income ETF in the 3rd quarter worth approximately $41,000. Marshall & Sterling Wealth Advisors Inc. boosted 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 worth $96,000 after buying an additional 1,937 shares during the last quarter. Finally, MAI Capital Management boosted its stake 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 worth $114,000 after buying an additional 3,006 shares during the last quarter.

Capital Group Core Plus Income ETF Price Performance

Shares of NYSEARCA CGCP opened at $22.55 on Monday. Capital Group Core Plus Income ETF has a twelve month low of $21.95 and a twelve month high of $23.00. The stock’s 50 day moving average price is $22.56 and its 200-day moving average price is $22.67. The company has a market capitalization of $7.55 billion, a PE ratio of 10.69 and a beta of 0.35.

Capital Group Core Plus Income ETF Increases Dividend

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

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.