Mann Financial Group Inc. Purchases Shares of 39,975 Capital Group Core Plus Income ETF $CGCP

Mann Financial Group Inc. purchased a new position in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 39,975 shares of the company’s stock, valued at approximately $908,000. Capital Group Core Plus Income ETF comprises approximately 0.9% of Mann Financial Group Inc.’s investment portfolio, making the stock its 14th largest holding.

Several other institutional investors have also recently modified their holdings of the company. Fifth Third Bancorp purchased a new position in shares of Capital Group Core Plus Income ETF during the 3rd quarter valued at about $32,000. US Bancorp DE bought a new stake in shares of Capital Group Core Plus Income ETF in the 3rd quarter worth approximately $41,000. MAI Capital Management purchased a new stake in shares of Capital Group Core Plus Income ETF in the 2nd quarter valued at $46,000. Marshall & Sterling Wealth Advisors Inc. boosted its stake in shares of Capital Group Core Plus Income ETF by 85.2% in the 3rd quarter. Marshall & Sterling Wealth Advisors Inc. now owns 4,211 shares of the company’s stock valued at $96,000 after purchasing an additional 1,937 shares in the last quarter. Finally, Flagship Harbor Advisors LLC bought a new position in shares of Capital Group Core Plus Income ETF during the 3rd quarter valued at $202,000.

Capital Group Core Plus Income ETF Price Performance

Shares of NYSEARCA:CGCP opened at $22.72 on Thursday. The stock has a market cap of $6.81 billion, a PE ratio of 10.69 and a beta of 0.36. The company’s fifty day moving average is $22.73 and its 200 day moving average is $22.75. Capital Group Core Plus Income ETF has a 52 week low of $21.74 and a 52 week high of $23.00.

Capital Group Core Plus Income ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Monday, March 2nd. Stockholders of record on Friday, February 27th were paid a $0.0845 dividend. This is a boost from Capital Group Core Plus Income ETF’s previous monthly dividend of $0.08. The ex-dividend date of this dividend was Friday, February 27th. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%.

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.