Sovran Advisors LLC Purchases New Shares in Capital Group Core Plus Income ETF (NYSEARCA:CGCP)

Sovran Advisors LLC purchased a new stake in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 156,866 shares of the company’s stock, valued at approximately $3,446,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of CGCP. Carnegie Investment Counsel purchased a new stake in Capital Group Core Plus Income ETF during the 3rd quarter valued at $873,000. Concourse Financial Group Securities Inc. raised its holdings in Capital Group Core Plus Income ETF by 16.6% during the 3rd quarter. Concourse Financial Group Securities Inc. now owns 73,738 shares of the company’s stock valued at $1,705,000 after buying an additional 10,506 shares during the period. Koshinski Asset Management Inc. raised its holdings in Capital Group Core Plus Income ETF by 6.9% during the 3rd quarter. Koshinski Asset Management Inc. now owns 14,823 shares of the company’s stock valued at $343,000 after buying an additional 962 shares during the period. Affiance Financial LLC raised its holdings in Capital Group Core Plus Income ETF by 13.2% during the 3rd quarter. Affiance Financial LLC now owns 123,865 shares of the company’s stock valued at $2,864,000 after buying an additional 14,476 shares during the period. Finally, Adamsbrown Wealth Consultants LLC raised its holdings in Capital Group Core Plus Income ETF by 7.3% during the 3rd quarter. Adamsbrown Wealth Consultants LLC now owns 1,070,951 shares of the company’s stock valued at $24,760,000 after buying an additional 72,760 shares during the period.

Capital Group Core Plus Income ETF Stock Performance

NYSEARCA:CGCP opened at $22.34 on Tuesday. The stock’s fifty day moving average is $22.31 and its 200 day moving average is $22.63. Capital Group Core Plus Income ETF has a fifty-two week low of $21.82 and a fifty-two week high of $23.39.

Capital Group Core Plus Income ETF Cuts Dividend

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

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.