Wealthcare Advisory Partners LLC Has $11.74 Million Position in Capital Group Core Plus Income ETF $CGCP

Wealthcare Advisory Partners LLC lifted its stake in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 18.2% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 516,607 shares of the company’s stock after purchasing an additional 79,537 shares during the quarter. Wealthcare Advisory Partners LLC owned 0.20% of Capital Group Core Plus Income ETF worth $11,737,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Fifth Third Bancorp acquired a new stake in Capital Group Core Plus Income ETF in the third quarter valued at about $32,000. MAI Capital Management bought a new position in shares of Capital Group Core Plus Income ETF in the second quarter worth about $46,000. Financial Perspectives Inc boosted its stake in shares of Capital Group Core Plus Income ETF by 10.7% in the 2nd quarter. Financial Perspectives Inc now owns 8,255 shares of the company’s stock valued at $186,000 after purchasing an additional 799 shares in the last quarter. Creative Financial Designs Inc. ADV grew its holdings in shares of Capital Group Core Plus Income ETF by 9.4% during the 2nd quarter. Creative Financial Designs Inc. ADV now owns 8,451 shares of the company’s stock valued at $190,000 after purchasing an additional 723 shares during the last quarter. Finally, Flagship Harbor Advisors LLC acquired a new position in Capital Group Core Plus Income ETF during the 3rd quarter worth approximately $202,000.

Capital Group Core Plus Income ETF Price Performance

Shares of Capital Group Core Plus Income ETF stock opened at $22.87 on Tuesday. The company’s 50 day moving average price is $22.70 and its two-hundred day moving average price is $22.73. The firm has a market capitalization of $6.85 billion, a P/E ratio of 10.69 and a beta of 0.36. Capital Group Core Plus Income ETF has a fifty-two week low of $21.74 and a fifty-two week high of $23.00.

Capital Group Core Plus Income ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, February 2nd. Investors of record on Friday, January 30th were given a dividend of $0.0767 per share. The ex-dividend date was Friday, January 30th. This represents a c) dividend on an annualized basis and a yield of 4.0%.

Capital Group Core Plus Income ETF 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.