Capital Group Core Plus Income ETF $CGCP Shares Bought by FinDec Wealth Services Inc.

FinDec Wealth Services Inc. boosted its stake in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 0.9% in the second quarter, HoldingsChannel.com reports. The fund owned 741,825 shares of the company’s stock after purchasing an additional 6,657 shares during the period. Capital Group Core Plus Income ETF makes up about 17.5% of FinDec Wealth Services Inc.’s investment portfolio, making the stock its biggest position. FinDec Wealth Services Inc.’s holdings in Capital Group Core Plus Income ETF were worth $16,691,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in the stock. Endeavor Private Wealth Inc. raised its position in Capital Group Core Plus Income ETF by 29.8% during the second quarter. Endeavor Private Wealth Inc. now owns 99,251 shares of the company’s stock worth $2,233,000 after acquiring an additional 22,773 shares during the period. Cyndeo Wealth Partners LLC raised its position in Capital Group Core Plus Income ETF by 2.9% during the second quarter. Cyndeo Wealth Partners LLC now owns 75,374 shares of the company’s stock worth $1,696,000 after acquiring an additional 2,142 shares during the period. NavPoint Financial Inc. raised its position in Capital Group Core Plus Income ETF by 44.5% during the second quarter. NavPoint Financial Inc. now owns 559,271 shares of the company’s stock worth $12,584,000 after acquiring an additional 172,135 shares during the period. Stonebridge Financial Group LLC raised its position in Capital Group Core Plus Income ETF by 50.8% during the second quarter. Stonebridge Financial Group LLC now owns 1,637,195 shares of the company’s stock worth $36,837,000 after acquiring an additional 551,389 shares during the period. Finally, IFP Advisors Inc raised its position in Capital Group Core Plus Income ETF by 16.8% during the second quarter. IFP Advisors Inc now owns 119,937 shares of the company’s stock worth $2,699,000 after acquiring an additional 17,220 shares during the period.

Capital Group Core Plus Income ETF Stock Up 0.2%

Shares of NYSEARCA CGCP opened at $22.77 on Friday. The firm has a 50-day simple moving average of $22.71 and a 200-day simple moving average of $22.43. The stock has a market capitalization of $5.90 billion, a price-to-earnings ratio of 10.69 and a beta of 0.39. Capital Group Core Plus Income ETF has a 52 week low of $21.74 and a 52 week high of $23.00.

Capital Group Core Plus Income ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Monday, September 29th were given a $0.0901 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date was Monday, 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.