Capital Group Core Plus Income ETF $CGCP is Souders Financial Advisors’ Largest Position

Souders Financial Advisors increased its position in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 3.6% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 3,050,545 shares of the company’s stock after purchasing an additional 106,513 shares during the quarter. Capital Group Core Plus Income ETF makes up approximately 7.9% of Souders Financial Advisors’ investment portfolio, making the stock its largest position. Souders Financial Advisors owned about 1.02% of Capital Group Core Plus Income ETF worth $69,064,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the company. Benjamin Edwards Inc. lifted its holdings in shares of Capital Group Core Plus Income ETF by 20.3% during the third quarter. Benjamin Edwards Inc. now owns 385,664 shares of the company’s stock worth $8,762,000 after buying an additional 65,065 shares during the last quarter. Adamsbrown Wealth Consultants LLC lifted its holdings in shares of 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 worth $33,104,000 after buying an additional 195,549 shares during the last quarter. Bernardo Wealth Planning LLC lifted its holdings in shares of Capital Group Core Plus Income ETF by 6.3% during the third quarter. Bernardo Wealth Planning LLC now owns 1,125,315 shares of the company’s stock worth $25,567,000 after buying an additional 66,854 shares during the last quarter. Valmark Advisers Inc. raised its stake in shares of Capital Group Core Plus Income ETF by 35.7% in the third quarter. Valmark Advisers Inc. now owns 533,240 shares of the company’s stock valued at $12,115,000 after purchasing an additional 140,226 shares in the last quarter. Finally, Citigroup Inc. acquired a new position in shares of Capital Group Core Plus Income ETF in the third quarter valued at $2,183,000.

Capital Group Core Plus Income ETF Trading Up 0.1%

Shares of NYSEARCA CGCP opened at $22.36 on Friday. The business has a fifty day simple moving average of $22.52 and a 200 day simple moving average of $22.66. The firm has a market capitalization of $7.57 billion, a price-to-earnings ratio of 10.69 and a beta of 0.33. Capital Group Core Plus Income ETF has a one year low of $21.95 and a one year high of $23.00.

Capital Group Core Plus Income ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, March 2nd. Investors of record on Friday, February 27th were paid a $0.0845 dividend. 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. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%.

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. CGCP was launched on Feb 22, 2022 and is managed by Capital Group.