Souders Financial Advisors Has $55.42 Million Stock Holdings in Capital Group Core Plus Income ETF (NYSEARCA:CGCP)

Souders Financial Advisors increased its position in Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 7.7% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,496,188 shares of the company’s stock after purchasing an additional 177,997 shares during the period. Capital Group Core Plus Income ETF makes up approximately 7.7% of Souders Financial Advisors’ holdings, making the stock its biggest position. Souders Financial Advisors owned 2.55% of Capital Group Core Plus Income ETF worth $55,415,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Blue Trust Inc. purchased a new stake in shares of Capital Group Core Plus Income ETF during the fourth quarter valued at $31,000. Creative Financial Designs Inc. ADV lifted its stake in Capital Group Core Plus Income ETF by 49.8% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 1,774 shares of the company’s stock valued at $41,000 after acquiring an additional 590 shares during the period. Transcendent Capital Group LLC purchased a new stake in shares of Capital Group Core Plus Income ETF during the 3rd quarter valued at about $53,000. Financial Perspectives Inc grew its stake in shares of Capital Group Core Plus Income ETF by 24.3% in the fourth quarter. Financial Perspectives Inc now owns 6,925 shares of the company’s stock worth $154,000 after acquiring an additional 1,354 shares during the period. Finally, Synergy Investment Management LLC purchased a new position in shares of Capital Group Core Plus Income ETF during the fourth quarter valued at approximately $155,000.

Capital Group Core Plus Income ETF Trading Down 0.2 %

Shares of CGCP stock opened at $22.60 on Wednesday. Capital Group Core Plus Income ETF has a 12-month low of $21.82 and a 12-month high of $23.34. The stock has a market capitalization of $4.48 billion, a P/E ratio of 16.73 and a beta of 0.38. The firm’s 50 day moving average is $22.28 and its 200 day moving average is $22.60.

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 issued a dividend of $0.0801 per share. The ex-dividend date of this dividend 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.