Capital Group Core Plus Income ETF $CGCP Holdings Increased by Stewardship Concepts Financial Services LLC

Stewardship Concepts Financial Services LLC raised its position in Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 13.1% in the 3rd quarter, Holdings Channel reports. The firm owned 223,243 shares of the company’s stock after buying an additional 25,886 shares during the quarter. Capital Group Core Plus Income ETF accounts for 3.1% of Stewardship Concepts Financial Services LLC’s holdings, making the stock its 11th largest position. Stewardship Concepts Financial Services LLC’s holdings in Capital Group Core Plus Income ETF were worth $4,726,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of CGCP. Capital International Investors raised 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 worth $934,276,000 after buying an additional 8,184,599 shares in the last quarter. LPL Financial LLC grew 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 in the last quarter. Envestnet Asset Management Inc. grew its position in Capital Group Core Plus Income ETF by 7.7% during the second quarter. Envestnet Asset Management Inc. now owns 12,369,670 shares of the company’s stock worth $275,720,000 after buying an additional 884,794 shares in the last quarter. Cetera Investment Advisers increased its stake in Capital Group Core Plus Income ETF by 12.5% in the 1st quarter. Cetera Investment Advisers now owns 7,319,089 shares of the company’s stock worth $163,508,000 after acquiring an additional 814,939 shares during the last quarter. Finally, Janney Montgomery Scott LLC increased its stake in Capital Group Core Plus Income ETF by 11.8% in the 1st quarter. Janney Montgomery Scott LLC now owns 4,915,821 shares of the company’s stock worth $109,819,000 after acquiring an additional 520,461 shares during the last quarter.

Capital Group Core Plus Income ETF Price Performance

Shares of NYSEARCA:CGCP traded up $0.07 on Tuesday, hitting $21.22. The company’s stock had a trading volume of 2,514,639 shares, compared to its average volume of 1,671,760. The company has a 50-day simple moving average of $21.81 and a 200 day simple moving average of $22.14. Capital Group Core Plus Income ETF has a 1 year low of $21.08 and a 1 year high of $23.00. The company has a market capitalization of $8.34 billion, a PE ratio of 10.69 and a beta of 0.32.

Capital Group Core Plus Income ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, September 30th. Investors of record on Tuesday, September 29th were given a $0.0925 dividend. This represents a $1.11 annualized dividend and a dividend yield of 5.2%. This is a positive change from Capital Group Core Plus Income ETF’s previous monthly dividend of $0.0868. The ex-dividend date was Tuesday, September 29th.

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.