Independent Advisor Alliance Purchases New Position in Capital Group Core Plus Income ETF (NYSEARCA:CGCP)

Independent Advisor Alliance purchased a new stake in Capital Group Core Plus Income ETF (NYSEARCA:CGCP) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 672,135 shares of the company’s stock, valued at approximately $14,921,000. Independent Advisor Alliance owned about 0.69% of Capital Group Core Plus Income ETF at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Blue Trust Inc. acquired a new position in Capital Group Core Plus Income ETF during the fourth quarter worth about $31,000. Transcendent Capital Group LLC acquired a new stake in shares of Capital Group Core Plus Income ETF in the third quarter worth $53,000. Financial Perspectives Inc grew its holdings in Capital Group Core Plus Income ETF by 24.3% during the 4th quarter. Financial Perspectives Inc now owns 6,925 shares of the company’s stock valued at $154,000 after purchasing an additional 1,354 shares in the last quarter. Synergy Investment Management LLC acquired a new position in Capital Group Core Plus Income ETF during the 4th quarter worth $155,000. Finally, IFP Advisors Inc lifted its position in shares of Capital Group Core Plus Income ETF by 22.1% in the 4th quarter. IFP Advisors Inc now owns 7,081 shares of the company’s stock worth $157,000 after buying an additional 1,280 shares during the last quarter.

Capital Group Core Plus Income ETF Trading Down 0.2 %

Capital Group Core Plus Income ETF stock opened at $22.49 on Monday. The company’s 50-day moving average price is $22.31 and its two-hundred day moving average price is $22.59. The stock has a market cap of $4.46 billion, a price-to-earnings ratio of 16.73 and a beta of 0.38. 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 announced a dividend, which was paid on Monday, February 3rd. Shareholders 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.