Affiance Financial LLC Acquires 53,114 Shares of Capital Group Core Plus Income ETF $CGCP

Affiance Financial LLC lifted its stake in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 27.6% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 245,357 shares of the company’s stock after acquiring an additional 53,114 shares during the period. Capital Group Core Plus Income ETF accounts for about 0.9% of Affiance Financial LLC’s portfolio, making the stock its 16th largest position. Affiance Financial LLC owned approximately 0.08% of Capital Group Core Plus Income ETF worth $5,555,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of CGCP. Fifth Third Bancorp bought a new position in shares of Capital Group Core Plus Income ETF during the 3rd quarter worth about $32,000. Central Pacific Bank Trust Division bought a new position in shares of Capital Group Core Plus Income ETF during the 4th quarter worth about $35,000. US Bancorp DE bought a new position in shares of Capital Group Core Plus Income ETF during the 3rd quarter worth about $41,000. Marshall & Sterling Wealth Advisors Inc. boosted its position in shares of Capital Group Core Plus Income ETF by 85.2% during the 3rd quarter. Marshall & Sterling Wealth Advisors Inc. now owns 4,211 shares of the company’s stock worth $96,000 after purchasing an additional 1,937 shares in the last quarter. Finally, MAI Capital Management boosted its position in shares of Capital Group Core Plus Income ETF by 148.3% during the 3rd quarter. MAI Capital Management now owns 5,033 shares of the company’s stock worth $114,000 after purchasing an additional 3,006 shares in the last quarter.

Capital Group Core Plus Income ETF Stock Performance

Shares of Capital Group Core Plus Income ETF stock opened at $22.41 on Wednesday. Capital Group Core Plus Income ETF has a 52 week low of $21.74 and a 52 week high of $23.00. The stock has a 50 day moving average price of $22.61 and a two-hundred day moving average price of $22.70. The stock has a market capitalization of $7.33 billion, a PE ratio of 10.69 and a beta of 0.36.

Capital Group Core Plus Income ETF Increases Dividend

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

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.