Ashton Thomas Private Wealth LLC Increases Position in Capital Group Core Plus Income ETF $CGCP

Ashton Thomas Private Wealth LLC lifted its position in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 13.9% during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 388,457 shares of the company’s stock after buying an additional 47,490 shares during the quarter. Ashton Thomas Private Wealth LLC’s holdings in Capital Group Core Plus Income ETF were worth $8,826,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Tyler Stone Wealth Management raised its holdings in Capital Group Core Plus Income ETF by 1.1% during the second quarter. Tyler Stone Wealth Management now owns 48,101 shares of the company’s stock valued at $1,082,000 after acquiring an additional 540 shares during the period. Asset Allocation Strategies LLC boosted its stake in shares of Capital Group Core Plus Income ETF by 1.4% in the third quarter. Asset Allocation Strategies LLC now owns 38,089 shares of the company’s stock worth $865,000 after acquiring an additional 541 shares during the period. Premier Path Wealth Partners LLC grew its position in shares of Capital Group Core Plus Income ETF by 1.0% during the third quarter. Premier Path Wealth Partners LLC now owns 53,614 shares of the company’s stock worth $1,218,000 after purchasing an additional 554 shares in the last quarter. Silverlake Wealth Management LLC raised its stake in Capital Group Core Plus Income ETF by 0.8% during the 2nd quarter. Silverlake Wealth Management LLC now owns 73,230 shares of the company’s stock valued at $1,648,000 after purchasing an additional 602 shares during the period. Finally, Dynamic Advisor Solutions LLC raised its stake in Capital Group Core Plus Income ETF by 0.6% during the 3rd quarter. Dynamic Advisor Solutions LLC now owns 102,545 shares of the company’s stock valued at $2,330,000 after purchasing an additional 637 shares during the period.

Capital Group Core Plus Income ETF Price Performance

CGCP stock opened at $22.62 on Wednesday. Capital Group Core Plus Income ETF has a 1-year low of $21.74 and a 1-year high of $23.00. The business has a 50 day simple moving average of $22.70 and a two-hundred day simple moving average of $22.71. The company has a market capitalization of $6.78 billion, a price-to-earnings ratio of 10.69 and a beta of 0.36.

Capital Group Core Plus Income ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Monday, February 2nd. Shareholders of record on Friday, January 30th were paid a $0.0767 dividend. The ex-dividend date was Friday, January 30th. This represents a c) annualized dividend and a yield of 4.1%.

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.