31,383 Shares in Capital Group Core Plus Income ETF $CGCP Bought by United Advisor Group LLC

United Advisor Group LLC bought a new position in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP) during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 31,383 shares of the company’s stock, valued at approximately $706,000.

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

Capital Group Core Plus Income ETF Stock Up 0.1%

Shares of CGCP stock opened at $22.66 on Wednesday. The firm has a fifty day moving average of $22.81 and a 200-day moving average of $22.54. Capital Group Core Plus Income ETF has a 12-month low of $21.74 and a 12-month high of $23.00. The company has a market capitalization of $5.93 billion, a price-to-earnings ratio of 10.69 and a beta of 0.36.

Capital Group Core Plus Income ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, November 3rd. Shareholders of record on Friday, October 31st were issued a dividend of $0.1107 per share. This is a boost from Capital Group Core Plus Income ETF’s previous monthly dividend of $0.09. The ex-dividend date was Friday, October 31st. This represents a c) dividend on an annualized basis and a yield of 5.9%.

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.