Capital Group Core Plus Income ETF (NYSEARCA:CGCP) is New England Capital Financial Advisors LLC’s 6th Largest Position

New England Capital Financial Advisors LLC raised its holdings in Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 29.0% in the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 494,377 shares of the company’s stock after buying an additional 111,014 shares during the quarter. Capital Group Core Plus Income ETF comprises 5.9% of New England Capital Financial Advisors LLC’s holdings, making the stock its 6th largest position. New England Capital Financial Advisors LLC owned 0.51% of Capital Group Core Plus Income ETF worth $11,430,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Global Retirement Partners LLC increased its holdings in shares of Capital Group Core Plus Income ETF by 460.9% in the third quarter. Global Retirement Partners LLC now owns 86,282 shares of the company’s stock valued at $1,995,000 after purchasing an additional 70,900 shares during the period. Wealth Enhancement Advisory Services LLC increased its holdings in shares of Capital Group Core Plus Income ETF by 10.1% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 484,962 shares of the company’s stock valued at $10,776,000 after purchasing an additional 44,535 shares during the period. Alpha Financial Advisors LLC increased its holdings in shares of Capital Group Core Plus Income ETF by 49.8% in the second quarter. Alpha Financial Advisors LLC now owns 20,102 shares of the company’s stock valued at $447,000 after purchasing an additional 6,681 shares during the period. Concourse Financial Group Securities Inc. increased its holdings in shares of Capital Group Core Plus Income ETF by 16.6% in the third quarter. Concourse Financial Group Securities Inc. now owns 73,738 shares of the company’s stock valued at $1,705,000 after purchasing an additional 10,506 shares during the period. Finally, Kingsview Wealth Management LLC increased its holdings in shares of Capital Group Core Plus Income ETF by 5.3% in the first quarter. Kingsview Wealth Management LLC now owns 69,391 shares of the company’s stock valued at $1,559,000 after purchasing an additional 3,513 shares during the period.

Capital Group Core Plus Income ETF Price Performance

Shares of CGCP stock opened at $22.36 on Monday. The stock’s 50-day simple moving average is $22.95 and its 200-day simple moving average is $22.58. Capital Group Core Plus Income ETF has a fifty-two week low of $21.38 and a fifty-two week high of $23.39.

Capital Group Core Plus Income ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Monday, September 30th. Investors of record on Friday, September 27th were issued a dividend of $0.0828 per share. 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.