10,628 Shares in Capital Group Core Plus Income ETF $CGCP Bought by Wambolt & Associates LLC

Wambolt & Associates LLC purchased a new stake in Capital Group Core Plus Income ETF (NYSEARCA:CGCP) during the 2nd quarter, HoldingsChannel.com reports. The institutional investor purchased 10,628 shares of the company’s stock, valued at approximately $239,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in CGCP. Arkadios Wealth Advisors lifted its holdings in shares of Capital Group Core Plus Income ETF by 2.6% in the 1st quarter. Arkadios Wealth Advisors now owns 22,444 shares of the company’s stock valued at $504,000 after buying an additional 579 shares during the period. Breakwater Capital Group lifted its stake in shares of Capital Group Core Plus Income ETF by 5.0% in the 2nd quarter. Breakwater Capital Group now owns 13,299 shares of the company’s stock valued at $299,000 after purchasing an additional 638 shares during the period. Creative Financial Designs Inc. ADV grew its position in Capital Group Core Plus Income ETF by 9.4% during the second quarter. Creative Financial Designs Inc. ADV now owns 8,451 shares of the company’s stock valued at $190,000 after buying an additional 723 shares during the period. Financial Perspectives Inc boosted its stake in shares of Capital Group Core Plus Income ETF by 10.7% during the 2nd quarter. Financial Perspectives Inc now owns 8,255 shares of the company’s stock worth $186,000 after acquiring an additional 799 shares in the last quarter. Finally, Smith Thornton Advisors LLC increased its stake in shares of Capital Group Core Plus Income ETF by 0.4% in the 2nd quarter. Smith Thornton Advisors LLC now owns 220,283 shares of the company’s stock valued at $4,956,000 after purchasing an additional 868 shares in the last quarter.

Capital Group Core Plus Income ETF Price Performance

Capital Group Core Plus Income ETF stock opened at $22.87 on Thursday. Capital Group Core Plus Income ETF has a 12 month low of $21.74 and a 12 month high of $23.00. The stock has a market capitalization of $5.99 billion, a PE ratio of 10.69 and a beta of 0.36. The business has a 50 day simple moving average of $22.80 and a 200-day simple moving average of $22.56.

Capital Group Core Plus Income ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, December 1st. Shareholders of record on Friday, November 28th will be issued a dividend of $0.0855 per share. This represents a c) annualized dividend and a yield of 4.5%. The ex-dividend date of this dividend is Friday, November 28th.

Capital Group Core Plus Income ETF Company 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.