Capital Group Core Plus Income ETF $CGCP Shares Bought by Cetera Investment Advisers

Cetera Investment Advisers raised its position in Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 9.3% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,312,064 shares of the company’s stock after purchasing an additional 452,421 shares during the period. Cetera Investment Advisers’ holdings in Capital Group Core Plus Income ETF were worth $119,521,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. LPL Financial LLC grew its stake in shares of Capital Group Core Plus Income ETF by 45.6% during the first quarter. LPL Financial LLC now owns 12,405,221 shares of the company’s stock worth $278,497,000 after purchasing an additional 3,884,005 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in Capital Group Core Plus Income ETF by 44.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 7,601,504 shares of the company’s stock worth $171,034,000 after buying an additional 2,353,628 shares during the last quarter. Johnson Bixby & Associates LLC lifted its holdings in Capital Group Core Plus Income ETF by 1.7% during the 2nd quarter. Johnson Bixby & Associates LLC now owns 5,631,675 shares of the company’s stock worth $126,713,000 after buying an additional 94,691 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in shares of Capital Group Core Plus Income ETF by 10.9% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 4,605,576 shares of the company’s stock worth $103,395,000 after acquiring an additional 453,513 shares in the last quarter. Finally, Raymond James Financial Inc. increased its holdings in shares of Capital Group Core Plus Income ETF by 6.3% in the 1st quarter. Raymond James Financial Inc. now owns 4,472,790 shares of the company’s stock valued at $100,414,000 after acquiring an additional 263,313 shares during the last quarter.

Capital Group Core Plus Income ETF Stock Performance

Shares of NYSEARCA CGCP opened at $22.65 on Friday. The stock’s 50-day simple moving average is $22.82 and its 200-day simple moving average is $22.53. The firm has a market capitalization of $5.93 billion, a PE ratio of 10.69 and a beta of 0.36. Capital Group Core Plus Income ETF has a fifty-two week low of $21.74 and a fifty-two week high of $23.00.

Capital Group Core Plus Income ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, November 3rd. Shareholders of record on Friday, October 31st were issued a dividend of $0.1107 per share. The ex-dividend date of this dividend was Friday, October 31st. This is an increase from Capital Group Core Plus Income ETF’s previous monthly dividend of $0.09. This represents a c) dividend on an annualized basis and a yield of 5.9%.

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.