Core Wealth Partners LLC Raises Holdings in Capital Group Core Plus Income ETF (NYSEARCA:CGCP)

Core Wealth Partners LLC lifted its holdings in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 21.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 245,165 shares of the company’s stock after acquiring an additional 42,987 shares during the quarter. Capital Group Core Plus Income ETF makes up 3.1% of Core Wealth Partners LLC’s portfolio, making the stock its 5th biggest position. Core Wealth Partners LLC owned 0.25% of Capital Group Core Plus Income ETF worth $5,443,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. GPS Wealth Strategies Group LLC lifted its position in shares of Capital Group Core Plus Income ETF by 3.9% in the 4th quarter. GPS Wealth Strategies Group LLC now owns 13,390 shares of the company’s stock worth $297,000 after purchasing an additional 500 shares during the period. Dynamic Advisor Solutions LLC raised its stake 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 buying an additional 670 shares in the last quarter. Creative Financial Designs Inc. ADV lifted its holdings in Capital Group Core Plus Income ETF by 44.1% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 2,556 shares of the company’s stock worth $57,000 after buying an additional 782 shares during the period. Delta Financial Group Inc. boosted its position in Capital Group Core Plus Income ETF by 4.7% during the 4th quarter. Delta Financial Group Inc. now owns 18,353 shares of the company’s stock valued at $407,000 after acquiring an additional 826 shares in the last quarter. Finally, CWS Financial Advisors LLC grew its holdings in shares of Capital Group Core Plus Income ETF by 4.2% during the 4th quarter. CWS Financial Advisors LLC now owns 24,000 shares of the company’s stock worth $533,000 after acquiring an additional 974 shares during the period.

Capital Group Core Plus Income ETF Stock Performance

Shares of NYSEARCA:CGCP opened at $22.50 on Wednesday. Capital Group Core Plus Income ETF has a 52-week low of $21.82 and a 52-week high of $23.34. The firm has a market capitalization of $4.57 billion, a P/E ratio of 10.91 and a beta of 0.38. The stock has a 50 day moving average price of $22.40 and a 200-day moving average price of $22.55.

Capital Group Core Plus Income ETF Cuts Dividend

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

About Capital Group Core Plus Income ETF

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.