Capital Group Core Plus Income ETF $CGCP Shares Purchased by Richards Merrill & Peterson Inc.

Richards Merrill & Peterson Inc. increased its position in Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 33.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 54,651 shares of the company’s stock after buying an additional 13,635 shares during the period. Richards Merrill & Peterson Inc.’s holdings in Capital Group Core Plus Income ETF were worth $1,230,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in CGCP. LPL Financial LLC boosted its position in shares of Capital Group Core Plus Income ETF by 45.6% in the first quarter. LPL Financial LLC now owns 12,405,221 shares of the company’s stock worth $278,497,000 after acquiring an additional 3,884,005 shares during the last quarter. Johnson Bixby & Associates LLC grew its holdings in shares of Capital Group Core Plus Income ETF by 1.7% during the 2nd 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. Envestnet Asset Management Inc. lifted its position in Capital Group Core Plus Income ETF by 16.8% during the first quarter. Envestnet Asset Management Inc. now owns 5,247,876 shares of the company’s stock valued at $117,815,000 after buying an additional 753,524 shares in the last quarter. Cetera Investment Advisers raised its stake in shares of Capital Group Core Plus Income ETF by 13.3% in the 1st quarter. Cetera Investment Advisers now owns 4,859,643 shares of the company’s stock valued at $109,099,000 after acquiring an additional 568,696 shares during the period. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in Capital Group Core Plus Income ETF by 10.9% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 4,605,576 shares of the company’s stock valued at $103,395,000 after purchasing an additional 453,513 shares in the last quarter.

Capital Group Core Plus Income ETF Stock Up 0.0%

NYSEARCA CGCP opened at $22.95 on Friday. The stock has a market cap of $5.95 billion, a PE ratio of 10.69 and a beta of 0.39. The business has a 50 day moving average price of $22.78 and a two-hundred day moving average price of $22.46. Capital Group Core Plus Income ETF has a fifty-two week low of $21.74 and a fifty-two week high of $23.00.

Capital Group Core Plus Income ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, September 30th. Investors of record on Monday, September 29th were issued a $0.0901 dividend. The ex-dividend date of this dividend was Monday, September 29th. This represents a c) annualized dividend and a yield of 4.7%.

Capital Group Core Plus Income ETF Company 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.