Stratos Wealth Partners LTD. Raises Stock Holdings in Capital Group Core Plus Income ETF $CGCP

Stratos Wealth Partners LTD. raised its stake in Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 202.1% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 93,262 shares of the company’s stock after purchasing an additional 62,391 shares during the period. Stratos Wealth Partners LTD.’s holdings in Capital Group Core Plus Income ETF were worth $2,119,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also modified their holdings of the company. Tyler Stone Wealth Management grew its holdings in Capital Group Core Plus Income ETF by 1.1% in the second quarter. Tyler Stone Wealth Management now owns 48,101 shares of the company’s stock worth $1,082,000 after purchasing an additional 540 shares during the last quarter. Asset Allocation Strategies LLC boosted its position in shares of Capital Group Core Plus Income ETF by 1.4% in the 3rd quarter. Asset Allocation Strategies LLC now owns 38,089 shares of the company’s stock worth $865,000 after purchasing an additional 541 shares in the last quarter. Premier Path Wealth Partners LLC grew its stake in Capital Group Core Plus Income ETF by 1.0% during the 3rd quarter. Premier Path Wealth Partners LLC now owns 53,614 shares of the company’s stock worth $1,218,000 after buying an additional 554 shares during the last quarter. Silverlake Wealth Management LLC grew its stake in Capital Group Core Plus Income ETF by 0.8% during the 2nd quarter. Silverlake Wealth Management LLC now owns 73,230 shares of the company’s stock worth $1,648,000 after buying an additional 602 shares during the last quarter. Finally, Dynamic Advisor Solutions LLC increased its position in Capital Group Core Plus Income ETF by 0.6% during the 3rd quarter. Dynamic Advisor Solutions LLC now owns 102,545 shares of the company’s stock valued at $2,330,000 after buying an additional 637 shares in the last quarter.

Capital Group Core Plus Income ETF Stock Performance

Shares of NYSEARCA CGCP opened at $22.87 on Friday. Capital Group Core Plus Income ETF has a fifty-two week low of $21.74 and a fifty-two week high of $23.00. The company has a market cap of $6.85 billion, a PE ratio of 10.69 and a beta of 0.36. The business has a 50-day simple moving average of $22.70 and a two-hundred day simple moving average of $22.72.

Capital Group Core Plus Income ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Monday, February 2nd. Shareholders of record on Friday, January 30th were paid 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 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.