Capital Group Core Plus Income ETF $CGCP is January Capital Advisors LLC’s 6th Largest Position

January Capital Advisors LLC lowered its stake in Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 37.9% during the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 368,860 shares of the company’s stock after selling 225,392 shares during the quarter. Capital Group Core Plus Income ETF makes up about 6.9% of January Capital Advisors LLC’s holdings, making the stock its 6th biggest position. January Capital Advisors LLC owned about 0.10% of Capital Group Core Plus Income ETF worth $8,222,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of the stock. Capital International Investors grew its position in shares of Capital Group Core Plus Income ETF by 24.7% in the fourth quarter. Capital International Investors now owns 41,266,604 shares of the company’s stock valued at $934,276,000 after purchasing an additional 8,184,599 shares during the period. LPL Financial LLC lifted its position in Capital Group Core Plus Income ETF by 25.1% during the fourth quarter. LPL Financial LLC now owns 23,722,685 shares of the company’s stock worth $537,082,000 after buying an additional 4,757,976 shares during the period. WNY Asset Management LLC acquired a new stake in Capital Group Core Plus Income ETF in the 1st quarter worth about $94,023,000. Morgan Stanley boosted its stake in Capital Group Core Plus Income ETF by 14.2% in the 4th quarter. Morgan Stanley now owns 18,386,647 shares of the company’s stock worth $416,274,000 after buying an additional 2,287,585 shares during the last quarter. Finally, Wells Fargo & Company MN boosted its stake in Capital Group Core Plus Income ETF by 14.3% in the 4th quarter. Wells Fargo & Company MN now owns 14,897,308 shares of the company’s stock worth $337,275,000 after buying an additional 1,861,484 shares during the last quarter.

Capital Group Core Plus Income ETF Price Performance

CGCP opened at $21.88 on Monday. Capital Group Core Plus Income ETF has a 12 month low of $21.84 and a 12 month high of $23.00. The business has a 50-day moving average of $22.08 and a two-hundred day moving average of $22.31. The stock has a market capitalization of $8.38 billion, a price-to-earnings ratio of 10.69 and a beta of 0.32.

Capital Group Core Plus Income ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Monday, August 3rd. Shareholders of record on Friday, July 31st were paid a dividend of $0.1074 per share. This is a boost from Capital Group Core Plus Income ETF’s previous monthly dividend of $0.08. This represents a c) annualized dividend and a yield of 5.9%. The ex-dividend date was Friday, July 31st.

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.