Lodestone Wealth Management LLC Has $4.93 Million Holdings in Capital Group Core Plus Income ETF (NYSEARCA:CGCP)

Lodestone Wealth Management LLC boosted its holdings in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 42.6% in the 3rd quarter, Holdings Channel.com reports. The firm owned 213,341 shares of the company’s stock after purchasing an additional 63,771 shares during the quarter. Capital Group Core Plus Income ETF makes up about 2.4% of Lodestone Wealth Management LLC’s portfolio, making the stock its 5th largest position. Lodestone Wealth Management LLC’s holdings in Capital Group Core Plus Income ETF were worth $4,932,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of CGCP. Capital International Investors lifted its position in shares of Capital Group Core Plus Income ETF by 141.2% in the 1st quarter. Capital International Investors now owns 4,365,332 shares of the company’s stock worth $98,045,000 after acquiring an additional 2,555,581 shares during the period. Cetera Investment Advisers raised its holdings in shares of Capital Group Core Plus Income ETF by 895.0% in the 1st quarter. Cetera Investment Advisers now owns 2,551,928 shares of the company’s stock worth $57,316,000 after buying an additional 2,295,444 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of Capital Group Core Plus Income ETF by 44.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 3,210,622 shares of the company’s stock worth $71,340,000 after buying an additional 981,628 shares in the last quarter. Raymond James & Associates raised its holdings in shares of Capital Group Core Plus Income ETF by 63.9% in the 3rd quarter. Raymond James & Associates now owns 2,479,858 shares of the company’s stock worth $57,334,000 after buying an additional 967,129 shares in the last quarter. Finally, Commonwealth Equity Services LLC raised its holdings in shares of Capital Group Core Plus Income ETF by 38.7% in the 3rd quarter. Commonwealth Equity Services LLC now owns 2,620,974 shares of the company’s stock worth $60,597,000 after buying an additional 731,316 shares in the last quarter.

Capital Group Core Plus Income ETF Price Performance

Shares of CGCP opened at $22.36 on Friday. Capital Group Core Plus Income ETF has a 1 year low of $21.38 and a 1 year high of $23.39. The stock has a 50 day simple moving average of $22.95 and a 200-day simple moving average of $22.58.

Capital Group Core Plus Income ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Monday, September 30th. Stockholders of record on Friday, September 27th were issued a $0.0828 dividend. The ex-dividend date of this dividend was Friday, September 27th.

Capital Group Core Plus Income ETF 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.