Capital Group Core Plus Income ETF (NYSEARCA:CGCP) Shares Purchased by EverSource Wealth Advisors LLC

EverSource Wealth Advisors LLC increased its position in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 141.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 322,434 shares of the company’s stock after purchasing an additional 188,939 shares during the period. EverSource Wealth Advisors LLC owned 0.33% of Capital Group Core Plus Income ETF worth $7,158,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Brookstone Capital Management acquired a new stake in shares of Capital Group Core Plus Income ETF during the fourth quarter valued at about $538,000. Principal Securities Inc. increased its position in shares of Capital Group Core Plus Income ETF by 33.8% during the fourth quarter. Principal Securities Inc. now owns 37,626 shares of the company’s stock valued at $835,000 after acquiring an additional 9,499 shares during the last quarter. DAVENPORT & Co LLC increased its position in shares of Capital Group Core Plus Income ETF by 13.4% during the fourth quarter. DAVENPORT & Co LLC now owns 101,557 shares of the company’s stock valued at $2,255,000 after acquiring an additional 12,007 shares during the last quarter. CWS Financial Advisors LLC increased its position in shares of Capital Group Core Plus Income ETF by 16.5% during the third quarter. CWS Financial Advisors LLC now owns 23,026 shares of the company’s stock valued at $532,000 after acquiring an additional 3,264 shares during the last quarter. Finally, Stifel Financial Corp increased its position in shares of Capital Group Core Plus Income ETF by 19.7% during the third quarter. Stifel Financial Corp now owns 1,535,181 shares of the company’s stock valued at $35,493,000 after acquiring an additional 252,242 shares during the last quarter.

Capital Group Core Plus Income ETF Stock Performance

NYSEARCA CGCP opened at $22.48 on Wednesday. The firm has a 50 day simple moving average of $22.32 and a 200-day simple moving average of $22.58. Capital Group Core Plus Income ETF has a one year low of $21.82 and a one year high of $23.34. The firm has a market cap of $4.46 billion, a price-to-earnings ratio of 16.73 and a beta of 0.38.

Capital Group Core Plus Income ETF Cuts Dividend

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