United Advisor Group LLC Makes New $706,000 Investment in Capital Group Core Plus Income ETF $CGCP

United Advisor Group LLC bought a new position in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 31,383 shares of the company’s stock, valued at approximately $706,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Assetmark Inc. bought a new position in Capital Group Core Plus Income ETF in the 2nd quarter valued at $221,000. Farther Finance Advisors LLC acquired a new position in shares of Capital Group Core Plus Income ETF during the second quarter valued at $450,000. ORG Partners LLC boosted its holdings in Capital Group Core Plus Income ETF by 491.7% in the second quarter. ORG Partners LLC now owns 13,118 shares of the company’s stock valued at $295,000 after acquiring an additional 10,901 shares during the last quarter. Johnson Bixby & Associates LLC increased its position in Capital Group Core Plus Income ETF by 1.7% in the second quarter. Johnson Bixby & Associates LLC now owns 5,631,675 shares of the company’s stock worth $126,713,000 after purchasing an additional 94,691 shares during the period. Finally, Jane Street Group LLC increased its position in Capital Group Core Plus Income ETF by 87.7% in the first quarter. Jane Street Group LLC now owns 521,993 shares of the company’s stock worth $11,719,000 after purchasing an additional 243,963 shares during the period.

Capital Group Core Plus Income ETF Trading Up 0.1%

Capital Group Core Plus Income ETF stock opened at $22.66 on Wednesday. The company has a market cap of $5.93 billion, a PE ratio of 10.69 and a beta of 0.36. Capital Group Core Plus Income ETF has a 1 year low of $21.74 and a 1 year high of $23.00. The company’s 50-day moving average is $22.81 and its two-hundred day moving average is $22.54.

Capital Group Core Plus Income ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, November 3rd. Investors of record on Friday, October 31st were issued a $0.1107 dividend. This is an increase from Capital Group Core Plus Income ETF’s previous monthly dividend of $0.09. This represents a c) annualized dividend and a yield of 5.9%. The ex-dividend date was Friday, October 31st.

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.