Inspire Advisors LLC Purchases 2,422 Shares of Capital Group Core Plus Income ETF $CGCP

Inspire Advisors LLC boosted its position in Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 1.5% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 169,236 shares of the company’s stock after purchasing an additional 2,422 shares during the period. Inspire Advisors LLC’s holdings in Capital Group Core Plus Income ETF were worth $3,808,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. United Advisor Group LLC purchased a new stake in shares of Capital Group Core Plus Income ETF in the 2nd quarter valued at $706,000. Rothschild Investment LLC lifted its stake in Capital Group Core Plus Income ETF by 1.0% in the second quarter. Rothschild Investment LLC now owns 123,090 shares of the company’s stock worth $2,770,000 after purchasing an additional 1,200 shares during the last quarter. Rockefeller Capital Management L.P. boosted its position in Capital Group Core Plus Income ETF by 27.3% during the second quarter. Rockefeller Capital Management L.P. now owns 27,223 shares of the company’s stock valued at $613,000 after buying an additional 5,844 shares during the period. Kingsview Wealth Management LLC grew its stake in shares of Capital Group Core Plus Income ETF by 4.2% during the second quarter. Kingsview Wealth Management LLC now owns 180,221 shares of the company’s stock valued at $4,055,000 after buying an additional 7,229 shares during the last quarter. Finally, Avantax Advisory Services Inc. increased its holdings in shares of Capital Group Core Plus Income ETF by 6.0% in the second quarter. Avantax Advisory Services Inc. now owns 271,468 shares of the company’s stock worth $6,108,000 after buying an additional 15,402 shares during the period.

Capital Group Core Plus Income ETF Price Performance

Shares of CGCP stock opened at $22.63 on Tuesday. The business has a 50-day moving average of $22.82 and a 200 day moving average of $22.54. The stock has a market capitalization of $5.92 billion, a PE ratio of 10.69 and a beta of 0.36. Capital Group Core Plus Income ETF has a 1-year low of $21.74 and a 1-year high of $23.00.

Capital Group Core Plus Income ETF Increases Dividend

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

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.