D.A. Davidson & CO. Grows Stake in Capital Group Core Plus Income ETF (NYSEARCA:CGCP)

D.A. Davidson & CO. increased its stake in Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 12.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 596,533 shares of the company’s stock after acquiring an additional 66,117 shares during the period. D.A. Davidson & CO.’s holdings in Capital Group Core Plus Income ETF were worth $13,243,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Blue Trust Inc. purchased a new position in shares of Capital Group Core Plus Income ETF during the fourth quarter valued at approximately $31,000. Creative Financial Designs Inc. ADV boosted its position in shares of Capital Group Core Plus Income ETF by 49.8% during the third quarter. Creative Financial Designs Inc. ADV now owns 1,774 shares of the company’s stock valued at $41,000 after buying an additional 590 shares during the period. Transcendent Capital Group LLC purchased a new position in shares of Capital Group Core Plus Income ETF during the third quarter valued at approximately $53,000. Private Trust Co. NA boosted its position in shares of Capital Group Core Plus Income ETF by 151.8% during the third quarter. Private Trust Co. NA now owns 9,064 shares of the company’s stock valued at $210,000 after buying an additional 5,465 shares during the period. Finally, Seamount Financial Group Inc. purchased a new stake in shares of Capital Group Core Plus Income ETF in the fourth quarter valued at approximately $215,000.

Capital Group Core Plus Income ETF Trading Down 0.3 %

Shares of NYSEARCA CGCP opened at $22.32 on Wednesday. The stock has a 50 day moving average price of $22.26 and a 200 day moving average price of $22.62. Capital Group Core Plus Income ETF has a 52-week low of $21.82 and a 52-week high of $23.34.

Capital Group Core Plus Income ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Monday, February 3rd. Investors of record on Friday, January 31st were paid a $0.0801 dividend. The ex-dividend date of this dividend was Friday, January 31st.

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.