Stonebridge Financial Group LLC Has $42.88 Million Stock Holdings in Capital Group Core Plus Income ETF $CGCP

Stonebridge Financial Group LLC boosted its stake in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 15.3% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,887,197 shares of the company’s stock after buying an additional 250,002 shares during the quarter. Capital Group Core Plus Income ETF makes up approximately 3.8% of Stonebridge Financial Group LLC’s portfolio, making the stock its 3rd biggest position. Stonebridge Financial Group LLC owned 0.74% of Capital Group Core Plus Income ETF worth $42,877,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. MAI Capital Management acquired a new position in shares of Capital Group Core Plus Income ETF in the second quarter worth approximately $46,000. Thurston Springer Miller Herd & Titak Inc. lifted its position in shares of Capital Group Core Plus Income ETF by 190.2% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 4,490 shares of the company’s stock worth $101,000 after purchasing an additional 2,943 shares during the period. Olistico Wealth LLC boosted its stake in shares of Capital Group Core Plus Income ETF by 20.5% in the 2nd quarter. Olistico Wealth LLC now owns 6,440 shares of the company’s stock valued at $145,000 after purchasing an additional 1,094 shares during the last quarter. Financial Perspectives Inc increased its position in shares of Capital Group Core Plus Income ETF by 10.7% during the second quarter. Financial Perspectives Inc now owns 8,255 shares of the company’s stock worth $186,000 after buying an additional 799 shares during the period. Finally, Creative Financial Designs Inc. ADV raised its stake 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 worth $190,000 after buying an additional 723 shares during the last quarter.

Capital Group Core Plus Income ETF Stock Up 0.0%

CGCP stock opened at $22.69 on Wednesday. The firm has a market cap of $5.94 billion, a price-to-earnings ratio of 10.69 and a beta of 0.36. The company’s fifty day simple moving average is $22.74 and its 200 day simple moving average is $22.65. Capital Group Core Plus Income ETF has a 12-month low of $21.74 and a 12-month high of $23.00.

Capital Group Core Plus Income ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, December 26th. Investors of record on Wednesday, December 24th were given a dividend of $0.1183 per share. This represents a c) annualized dividend and a dividend yield of 6.3%. The ex-dividend date was Wednesday, December 24th. This is a positive change from Capital Group Core Plus Income ETF’s previous monthly dividend of $0.09.

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.