36,067 Shares of Capital Group Core Plus Income ETF $CGCP Acquired by Signature Equity Partners LLC

Signature Equity Partners LLC bought a new stake in Capital Group Core Plus Income ETF (NYSEARCA:CGCP) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 36,067 shares of the company’s stock, valued at approximately $764,000.

Other hedge funds also recently added to or reduced their stakes in the company. Security Financial Services INC. grew its holdings in Capital Group Core Plus Income ETF by 4.5% in the 3rd quarter. Security Financial Services INC. now owns 31,969 shares of the company’s stock worth $677,000 after buying an additional 1,364 shares in the last quarter. MGO One Seven LLC raised its stake in shares of Capital Group Core Plus Income ETF by 25.2% in the 3rd quarter. MGO One Seven LLC now owns 15,621 shares of the company’s stock worth $331,000 after buying an additional 3,143 shares in the last quarter. Greatmark Investment Partners Inc. grew its stake in shares of Capital Group Core Plus Income ETF by 0.6% in the 3rd quarter. Greatmark Investment Partners Inc. now owns 143,010 shares of the company’s stock worth $3,028,000 after purchasing an additional 886 shares during the last quarter. Modera Wealth Management LLC acquired a new position in shares of Capital Group Core Plus Income ETF in the 3rd quarter worth $3,919,000. Finally, International Assets Investment Management LLC purchased a new stake in Capital Group Core Plus Income ETF during the third quarter valued at about $451,000.

Capital Group Core Plus Income ETF Stock Performance

Shares of CGCP opened at $21.57 on Tuesday. The company has a market capitalization of $8.62 billion, a PE ratio of 10.69 and a beta of 0.32. The company’s 50 day moving average price is $21.57 and its 200 day moving average price is $22.19. Capital Group Core Plus Income ETF has a 52 week low of $21.08 and a 52 week high of $22.90.

Capital Group Core Plus Income ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Monday, November 2nd. Stockholders of record on Friday, October 30th were paid a $0.0895 dividend. This represents a $1.07 dividend on an annualized basis and a dividend yield of 5.0%. This is a drop from Capital Group Core Plus Income ETF’s previous monthly dividend of $0.0925. The ex-dividend date of this dividend was Friday, October 30th.

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.