Capital Group Core Plus Income ETF (NYSEARCA:CGCP) Sees Unusually-High Trading Volume – Time to Buy?

Capital Group Core Plus Income ETF (NYSEARCA:CGCP) shares saw an uptick in trading volume on Tuesday . 2,532,043 shares traded hands during mid-day trading, an increase of 220% from the previous session’s volume of 790,525 shares.The stock last traded at $22.54 and had previously closed at $22.58.

Capital Group Core Plus Income ETF Stock Down 0.1 %

The business has a fifty day moving average price of $22.75 and a 200 day moving average price of $22.64.

Capital Group Core Plus Income ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Monday, September 30th. Stockholders of record on Friday, September 27th were given a $0.0828 dividend. The ex-dividend date was Friday, September 27th.

Hedge Funds Weigh In On Capital Group Core Plus Income ETF

Several hedge funds have recently modified their holdings of CGCP. LongView Wealth Management grew its position in shares of Capital Group Core Plus Income ETF by 0.8% in the 2nd quarter. LongView Wealth Management now owns 60,592 shares of the company’s stock valued at $1,346,000 after acquiring an additional 492 shares during the period. Lodestone Wealth Management LLC lifted its position in shares of Capital Group Core Plus Income ETF by 0.4% in the second quarter. Lodestone Wealth Management LLC now owns 149,570 shares of the company’s stock valued at $3,323,000 after buying an additional 537 shares during the last quarter. Ameritas Advisory Services LLC boosted its stake in shares of Capital Group Core Plus Income ETF by 1.1% during the 2nd quarter. Ameritas Advisory Services LLC now owns 53,546 shares of the company’s stock worth $1,190,000 after acquiring an additional 557 shares during the period. Creative Financial Designs Inc. ADV boosted its stake in shares of Capital Group Core Plus Income ETF by 49.8% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 1,774 shares of the company’s stock worth $41,000 after acquiring an additional 590 shares during the period. Finally, Daymark Wealth Partners LLC increased its holdings in shares of Capital Group Core Plus Income ETF by 4.4% during the 3rd quarter. Daymark Wealth Partners LLC now owns 16,701 shares of the company’s stock worth $386,000 after acquiring an additional 704 shares during the last quarter.

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.