Capital Group Core Plus Income ETF (NYSEARCA:CGCP) Shares Acquired by IFP Advisors Inc

IFP Advisors Inc lifted its holdings in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 22.1% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 7,081 shares of the company’s stock after buying an additional 1,280 shares during the quarter. IFP Advisors Inc’s holdings in Capital Group Core Plus Income ETF were worth $157,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the business. LPL Financial LLC boosted its stake in shares of Capital Group Core Plus Income ETF by 69.4% during the third quarter. LPL Financial LLC now owns 5,490,411 shares of the company’s stock worth $126,938,000 after buying an additional 2,249,990 shares during the period. Johnson Bixby & Associates LLC boosted its stake in shares of Capital Group Core Plus Income ETF by 8.3% during the fourth quarter. Johnson Bixby & Associates LLC now owns 4,402,179 shares of the company’s stock worth $97,728,000 after buying an additional 337,128 shares during the period. Janney Montgomery Scott LLC raised its holdings in Capital Group Core Plus Income ETF by 22.5% during the fourth quarter. Janney Montgomery Scott LLC now owns 2,415,020 shares of the company’s stock worth $53,613,000 after purchasing an additional 444,281 shares in the last quarter. Souders Financial Advisors raised its holdings in Capital Group Core Plus Income ETF by 7.6% during the third quarter. Souders Financial Advisors now owns 2,318,191 shares of the company’s stock worth $53,597,000 after purchasing an additional 163,735 shares in the last quarter. Finally, MML Investors Services LLC raised its holdings in Capital Group Core Plus Income ETF by 10.8% during the third quarter. MML Investors Services LLC now owns 2,034,038 shares of the company’s stock worth $47,027,000 after purchasing an additional 198,970 shares in the last quarter.

Capital Group Core Plus Income ETF Stock Up 0.2 %

NYSEARCA CGCP opened at $22.64 on Tuesday. The stock has a market capitalization of $4.49 billion, a P/E ratio of 16.73 and a beta of 0.38. Capital Group Core Plus Income ETF has a 52-week low of $21.82 and a 52-week high of $23.34. The firm has a 50-day moving average price of $22.28 and a 200 day moving average price of $22.60.

Capital Group Core Plus Income ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, February 3rd. Investors of record on Friday, January 31st were issued a dividend of $0.0801 per share. The ex-dividend date was Friday, January 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.