Freedom Financial Partners LLC Has $9.25 Million Stock Holdings in Capital Group Core Plus Income ETF $CGCP

Freedom Financial Partners LLC grew its stake in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 6.7% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 408,760 shares of the company’s stock after acquiring an additional 25,826 shares during the quarter. Capital Group Core Plus Income ETF comprises about 3.4% of Freedom Financial Partners LLC’s portfolio, making the stock its 11th biggest holding. Freedom Financial Partners LLC owned approximately 0.14% of Capital Group Core Plus Income ETF worth $9,254,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Capital International Investors raised its stake in Capital Group Core Plus Income ETF by 23.5% in the third quarter. Capital International Investors now owns 33,082,005 shares of the company’s stock valued at $751,623,000 after purchasing an additional 6,290,122 shares in the last quarter. Merit Financial Group LLC grew its stake in Capital Group Core Plus Income ETF by 1,078.9% during the third quarter. Merit Financial Group LLC now owns 2,259,377 shares of the company’s stock worth $51,333,000 after buying an additional 2,067,719 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in Capital Group Core Plus Income ETF by 18.7% during the third quarter. Envestnet Asset Management Inc. now owns 9,025,453 shares of the company’s stock worth $205,058,000 after buying an additional 1,423,949 shares in the last quarter. Susquehanna International Group LLP bought a new position in Capital Group Core Plus Income ETF in the 3rd quarter valued at about $21,098,000. Finally, Raymond James Financial Inc. increased its holdings in Capital Group Core Plus Income ETF by 17.2% in the 3rd quarter. Raymond James Financial Inc. now owns 5,396,909 shares of the company’s stock valued at $122,618,000 after buying an additional 790,814 shares during the period.

Capital Group Core Plus Income ETF Trading Up 0.1%

Shares of NYSEARCA:CGCP opened at $22.46 on Friday. The firm has a 50 day moving average of $22.70 and a 200-day moving average of $22.74. Capital Group Core Plus Income ETF has a 12 month low of $21.74 and a 12 month high of $23.00. The stock has a market capitalization of $6.73 billion, a PE ratio of 10.69 and a beta of 0.36.

Capital Group Core Plus Income ETF Increases Dividend

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

Capital Group Core Plus Income ETF 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.