Diversify Wealth Management LLC Purchases 45,719 Shares of Capital Group Core Plus Income ETF $CGCP

Diversify Wealth Management LLC boosted its holdings in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 6.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 797,120 shares of the company’s stock after acquiring an additional 45,719 shares during the period. Capital Group Core Plus Income ETF comprises about 1.0% of Diversify Wealth Management LLC’s portfolio, making the stock its 15th largest position. Diversify Wealth Management LLC owned approximately 0.30% of Capital Group Core Plus Income ETF worth $18,071,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. McGlone Suttner Wealth Management Inc. increased its holdings in shares of Capital Group Core Plus Income ETF by 2.5% in the 3rd quarter. McGlone Suttner Wealth Management Inc. now owns 1,335,471 shares of the company’s stock valued at $30,342,000 after acquiring an additional 33,117 shares during the period. Assetmark Inc. purchased a new position in Capital Group Core Plus Income ETF in the second quarter valued at about $221,000. Aspire Growth Partners LLC bought a new position in Capital Group Core Plus Income ETF in the second quarter worth about $353,000. Franklin Resources Inc. purchased a new stake in shares of Capital Group Core Plus Income ETF during the second quarter valued at about $1,083,000. Finally, Benjamin Edwards Inc. boosted its holdings in shares of Capital Group Core Plus Income ETF by 20.3% in the 3rd quarter. Benjamin Edwards Inc. now owns 385,664 shares of the company’s stock valued at $8,762,000 after buying an additional 65,065 shares in the last quarter.

Capital Group Core Plus Income ETF Stock Up 0.1%

NYSEARCA:CGCP opened at $22.89 on Friday. Capital Group Core Plus Income ETF has a 52 week low of $21.74 and a 52 week high of $23.00. The firm has a 50 day moving average of $22.73 and a 200 day moving average of $22.74. The stock has a market capitalization of $6.86 billion, a price-to-earnings ratio of 10.69 and a beta of 0.36.

Capital Group Core Plus Income ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, February 2nd. Stockholders of record on Friday, January 30th were given a $0.0767 dividend. The ex-dividend date of this dividend was Friday, January 30th. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%.

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.