Capital Group Core Plus Income ETF $CGCP Stock Purchased by Kestra Advisory Services LLC

Kestra Advisory Services LLC increased its holdings in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 27.5% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,160,927 shares of the company’s stock after buying an additional 250,232 shares during the quarter. Kestra Advisory Services LLC’s holdings in Capital Group Core Plus Income ETF were worth $24,577,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in the business. Baird Financial Group Inc. lifted its holdings in shares of Capital Group Core Plus Income ETF by 15.3% during the second quarter. Baird Financial Group Inc. now owns 2,416,606 shares of the company’s stock worth $53,866,000 after purchasing an additional 321,444 shares during the period. Diversify Wealth Management LLC boosted its position in Capital Group Core Plus Income ETF by 14.8% in the first quarter. Diversify Wealth Management LLC now owns 972,363 shares of the company’s stock valued at $21,791,000 after buying an additional 125,453 shares during the last quarter. Bank of New York Mellon Corp acquired a new position in Capital Group Core Plus Income ETF in the 1st quarter worth approximately $602,000. Hopwood Nicholas Hunter acquired a new position in Capital Group Core Plus Income ETF in the 2nd quarter worth approximately $2,737,000. Finally, Equity Wealth Partners LLC increased its holdings in Capital Group Core Plus Income ETF by 30.7% in the 3rd quarter. Equity Wealth Partners LLC now owns 452,098 shares of the company’s stock worth $9,571,000 after buying an additional 106,096 shares during the period.

Capital Group Core Plus Income ETF Trading Down 0.2%

CGCP opened at $21.64 on Friday. Capital Group Core Plus Income ETF has a 12-month low of $21.08 and a 12-month high of $22.90. The firm has a 50 day moving average of $21.53 and a two-hundred day moving average of $22.17. The firm has a market capitalization of $8.66 billion, a PE ratio of 10.69 and a beta of 0.32.

Capital Group Core Plus Income ETF Cuts Dividend

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

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