D.A. Davidson & CO. Has $20.09 Million Position in Capital Group Core Plus Income ETF $CGCP

D.A. Davidson & CO. lifted its stake in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 10.4% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 887,210 shares of the company’s stock after buying an additional 83,345 shares during the quarter. D.A. Davidson & CO. owned about 0.30% of Capital Group Core Plus Income ETF worth $20,086,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently modified their holdings of the company. Fifth Third Bancorp acquired a new stake in shares of Capital Group Core Plus Income ETF during the 3rd quarter worth approximately $32,000. Central Pacific Bank Trust Division acquired a new stake in shares of Capital Group Core Plus Income ETF during the 4th quarter worth approximately $35,000. US Bancorp DE acquired a new stake in shares of Capital Group Core Plus Income ETF in the 3rd quarter valued at about $41,000. Marshall & Sterling Wealth Advisors Inc. grew 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 buying an additional 1,937 shares during the period. Finally, MAI Capital Management grew 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 valued at $114,000 after buying an additional 3,006 shares during the period.

Capital Group Core Plus Income ETF Price Performance

Shares of CGCP opened at $22.52 on Tuesday. The stock has a 50-day moving average of $22.55 and a 200-day moving average of $22.67. The company has a market cap of $7.54 billion, a PE ratio of 10.69 and a beta of 0.35. Capital Group Core Plus Income ETF has a one year low of $21.95 and a one year high of $23.00.

Capital Group Core Plus Income ETF Increases Dividend

The company 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. The ex-dividend date was Friday, February 27th. This represents a c) annualized dividend and a dividend yield of 4.5%. This is a boost 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.