164,565 Capital Group Core Plus Income ETF $CGCP Shares Purchased by Harbour Investments Inc.

Harbour Investments Inc. grew its holdings in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 4.8% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 3,578,528 shares of the company’s stock after acquiring an additional 164,565 shares during the quarter. Capital Group Core Plus Income ETF accounts for approximately 1.1% of Harbour Investments Inc.’s holdings, making the stock its 10th biggest holding. Harbour Investments Inc. owned approximately 0.89% of Capital Group Core Plus Income ETF worth $75,757,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. WNY Asset Management LLC purchased a new stake in shares of Capital Group Core Plus Income ETF in the 1st quarter valued at $94,023,000. Commonwealth Equity Services LLC purchased a new position in Capital Group Core Plus Income ETF in the 3rd quarter worth $61,921,000. Valmark Advisers Inc. purchased a new position in Capital Group Core Plus Income ETF in the 3rd quarter worth $51,409,000. Bernardo Wealth Planning LLC raised its position in Capital Group Core Plus Income ETF by 104.1% in the 3rd quarter. Bernardo Wealth Planning LLC now owns 2,531,520 shares of the company’s stock worth $53,592,000 after purchasing an additional 1,291,232 shares during the period. Finally, D.A. Davidson & CO. bought a new stake in Capital Group Core Plus Income ETF in the third quarter worth $23,316,000.

Capital Group Core Plus Income ETF Price Performance

Capital Group Core Plus Income ETF stock traded down $0.04 during mid-day trading on Friday, hitting $21.31. The company’s stock had a trading volume of 2,657,316 shares, compared to its average volume of 1,776,580. The stock has a market cap of $8.57 billion, a price-to-earnings ratio of 10.69 and a beta of 0.32. The business has a 50 day moving average price of $21.48 and a 200-day moving average price of $22.14. Capital Group Core Plus Income ETF has a 12 month low of $21.08 and a 12 month high of $22.90.

Capital Group Core Plus Income ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, November 2nd. Stockholders of record on Friday, October 30th were paid a dividend of $0.0895 per share. This represents a $1.07 dividend on an annualized basis and a dividend yield of 5.0%. This is a decrease 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.

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.