Stadion Money Management LLC Increases Stock Holdings in Capital Group Core Plus Income ETF (NYSEARCA:CGCP)

Stadion Money Management LLC raised its stake in Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 0.4% during the 4th quarter, HoldingsChannel reports. The firm owned 864,924 shares of the company’s stock after acquiring an additional 3,668 shares during the period. Capital Group Core Plus Income ETF accounts for 1.5% of Stadion Money Management LLC’s portfolio, making the stock its 15th biggest position. Stadion Money Management LLC’s holdings in Capital Group Core Plus Income ETF were worth $19,201,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of CGCP. Raymond James Financial Inc. acquired a new stake in shares of Capital Group Core Plus Income ETF in the 4th quarter valued at approximately $93,450,000. LPL Financial LLC lifted its holdings in shares of Capital Group Core Plus Income ETF by 55.2% in the 4th quarter. LPL Financial LLC now owns 8,521,216 shares of the company’s stock valued at $189,171,000 after buying an additional 3,030,805 shares during the period. Capital International Investors lifted its holdings in shares of Capital Group Core Plus Income ETF by 22.9% in the 4th quarter. Capital International Investors now owns 13,561,469 shares of the company’s stock valued at $301,065,000 after buying an additional 2,522,846 shares during the period. Leigh Baldwin & CO. LLC acquired a new stake in shares of Capital Group Core Plus Income ETF in the 4th quarter valued at approximately $49,606,000. Finally, Wells Fargo & Company MN lifted its holdings in shares of Capital Group Core Plus Income ETF by 25.4% in the 4th quarter. Wells Fargo & Company MN now owns 10,414,720 shares of the company’s stock valued at $231,207,000 after buying an additional 2,111,261 shares during the period.

Capital Group Core Plus Income ETF Price Performance

CGCP opened at $22.20 on Friday. The business has a 50 day simple moving average of $22.27 and a 200-day simple moving average of $22.34. The stock has a market capitalization of $4.80 billion, a P/E ratio of 10.73 and a beta of 0.37. Capital Group Core Plus Income ETF has a 12 month low of $21.74 and a 12 month high of $23.34.

Capital Group Core Plus Income ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, March 28th were issued a $0.0921 dividend. This is a boost from Capital Group Core Plus Income ETF’s previous dividend of $0.08. The ex-dividend date of this dividend was Friday, March 28th.

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.