Synergy Investment Management LLC Acquires New Holdings in Capital Group Core Plus Income ETF (NYSEARCA:CGCP)

Synergy Investment Management LLC acquired a new stake in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 6,980 shares of the company’s stock, valued at approximately $155,000.

Several other institutional investors have also added to or reduced their stakes in the business. GPS Wealth Strategies Group LLC boosted its holdings in Capital Group Core Plus Income ETF by 3.9% in the fourth quarter. GPS Wealth Strategies Group LLC now owns 13,390 shares of the company’s stock worth $297,000 after acquiring an additional 500 shares in the last quarter. Creative Financial Designs Inc. ADV boosted its holdings in Capital Group Core Plus Income ETF by 49.8% in the third quarter. Creative Financial Designs Inc. ADV now owns 1,774 shares of the company’s stock worth $41,000 after acquiring an additional 590 shares in the last quarter. Dynamic Advisor Solutions LLC boosted its holdings in Capital Group Core Plus Income ETF by 0.8% in the fourth quarter. Dynamic Advisor Solutions LLC now owns 83,629 shares of the company’s stock worth $1,857,000 after acquiring an additional 670 shares in the last quarter. Delta Financial Group Inc. boosted its holdings in Capital Group Core Plus Income ETF by 4.7% in the fourth quarter. Delta Financial Group Inc. now owns 18,353 shares of the company’s stock worth $407,000 after acquiring an additional 826 shares in the last quarter. Finally, CWS Financial Advisors LLC boosted its holdings in Capital Group Core Plus Income ETF by 4.2% in the fourth quarter. CWS Financial Advisors LLC now owns 24,000 shares of the company’s stock worth $533,000 after acquiring an additional 974 shares in the last quarter.

Capital Group Core Plus Income ETF Stock Performance

Shares of NYSEARCA CGCP opened at $22.60 on Wednesday. The company has a market cap of $4.48 billion, a PE ratio of 16.73 and a beta of 0.38. The business has a 50-day simple moving average of $22.28 and a two-hundred day simple moving average of $22.60. Capital Group Core Plus Income ETF has a fifty-two week low of $21.82 and a fifty-two week high of $23.34.

Capital Group Core Plus Income ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Monday, February 3rd. Shareholders of record on Friday, January 31st were issued a $0.0801 dividend. The ex-dividend date was Friday, January 31st.

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.