Capital Group Core Plus Income ETF $CGCP Stake Boosted by Ashton Thomas Private Wealth LLC
by Kim Johansen · The Markets DailyAshton Thomas Private Wealth LLC boosted its stake in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP – Free Report) by 12.6% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 605,682 shares of the company’s stock after purchasing an additional 67,596 shares during the period. Ashton Thomas Private Wealth LLC’s holdings in Capital Group Core Plus Income ETF were worth $12,822,000 at the end of the most recent quarter.
Other hedge funds also recently added to or reduced their stakes in the company. SYM FINANCIAL Corp purchased a new position in Capital Group Core Plus Income ETF during the 3rd quarter worth $31,000. CX Institutional purchased a new stake in shares of Capital Group Core Plus Income ETF in the 2nd quarter valued at about $35,000. Latitude Advisors LLC purchased a new position in Capital Group Core Plus Income ETF in the 3rd quarter valued at $44,000. Bessemer Group Inc. acquired a new stake in shares of Capital Group Core Plus Income ETF during the 1st quarter valued at approximately $45,000. Finally, Barrett & Company Inc. purchased a new position in shares of Capital Group Core Plus Income ETF during the 3rd quarter worth $105,000.
Capital Group Core Plus Income ETF Price Performance
Shares of Capital Group Core Plus Income ETF stock opened at $21.64 on Friday. The business has a 50-day moving average of $21.53 and a 200-day moving average of $22.17. Capital Group Core Plus Income ETF has a 1-year low of $21.08 and a 1-year high of $22.90. The company has a market capitalization of $8.66 billion, a PE ratio of 10.69 and a beta of 0.32.
Capital Group Core Plus Income ETF Cuts Dividend
The company also recently declared a monthly dividend, which was paid on Monday, November 2nd. Stockholders of record on Friday, October 30th were issued a dividend of $0.0895 per share. This represents a $1.07 annualized dividend and a dividend yield of 5.0%. This is a decrease from Capital Group Core Plus Income ETF’s previous monthly dividend of $0.0925. The ex-dividend date was Friday, October 30th.
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.
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