Capital Group Core Plus Income ETF $CGCP Shares Bought by Stephens Inc. AR

Stephens Inc. AR increased its holdings in Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 10.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 433,747 shares of the company’s stock after purchasing an additional 42,082 shares during the period. Stephens Inc. AR owned 0.14% of Capital Group Core Plus Income ETF worth $9,820,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Adamsbrown Wealth Consultants LLC grew its position in Capital Group Core Plus Income ETF by 15.5% during the third quarter. Adamsbrown Wealth Consultants LLC now owns 1,457,043 shares of the company’s stock valued at $33,104,000 after acquiring an additional 195,549 shares during the period. Diversify Advisory Services LLC acquired a new position in shares of Capital Group Core Plus Income ETF during the fourth quarter worth about $667,000. Citigroup Inc. acquired a new position in shares of Capital Group Core Plus Income ETF during the third quarter worth about $2,183,000. Affiance Financial LLC lifted its stake in shares of Capital Group Core Plus Income ETF by 27.6% during the fourth quarter. Affiance Financial LLC now owns 245,357 shares of the company’s stock worth $5,555,000 after purchasing an additional 53,114 shares in the last quarter. Finally, Stonebridge Financial Group LLC lifted its stake in shares of Capital Group Core Plus Income ETF by 5.0% during the fourth quarter. Stonebridge Financial Group LLC now owns 1,981,698 shares of the company’s stock worth $44,866,000 after purchasing an additional 94,501 shares in the last quarter.

Capital Group Core Plus Income ETF Price Performance

Shares of CGCP opened at $22.17 on Friday. The stock’s 50-day moving average is $22.44 and its two-hundred day moving average is $22.63. The stock has a market cap of $7.51 billion, a PE ratio of 10.69 and a beta of 0.33. Capital Group Core Plus Income ETF has a 12 month low of $21.95 and a 12 month 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, March 2nd. Shareholders of record on Friday, February 27th were paid a dividend of $0.0845 per share. This is a boost from Capital Group Core Plus Income ETF’s previous monthly dividend of $0.08. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date was Friday, February 27th.

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.