Capital Group Core Plus Income ETF $CGCP Shares Purchased by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC boosted its stake in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 8.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,481,704 shares of the company’s stock after acquiring an additional 118,729 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Capital Group Core Plus Income ETF were worth $33,590,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the stock. Fifth Third Bancorp purchased a new stake in Capital Group Core Plus Income ETF in the 3rd quarter worth approximately $32,000. Central Pacific Bank Trust Division purchased a new position in shares of Capital Group Core Plus Income ETF during the 4th quarter valued at approximately $35,000. US Bancorp DE acquired a new position in shares of Capital Group Core Plus Income ETF in the 3rd quarter valued at $41,000. MAI Capital Management acquired a new position in shares of Capital Group Core Plus Income ETF in the 2nd quarter valued at $46,000. Finally, Marshall & Sterling Wealth Advisors Inc. boosted its holdings in Capital Group Core Plus Income ETF by 85.2% during the third quarter. Marshall & Sterling Wealth Advisors Inc. now owns 4,211 shares of the company’s stock worth $96,000 after buying an additional 1,937 shares in the last quarter.

Capital Group Core Plus Income ETF Stock Performance

CGCP opened at $22.36 on Tuesday. The company has a fifty day moving average of $22.69 and a two-hundred day moving average of $22.74. The stock has a market capitalization of $6.70 billion, a price-to-earnings 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 Increases Dividend

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

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.