Ausdal Financial Partners Inc. Boosts Stock Position in Capital Group Core Plus Income ETF (NYSEARCA:CGCP)

Ausdal Financial Partners Inc. lifted its stake in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 16.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 64,365 shares of the company’s stock after buying an additional 9,218 shares during the quarter. Ausdal Financial Partners Inc.’s holdings in Capital Group Core Plus Income ETF were worth $1,429,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Blue Trust Inc. bought a new position in Capital Group Core Plus Income ETF during the 4th quarter valued at $31,000. Creative Financial Designs Inc. ADV grew its stake 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 purchasing an additional 782 shares in the last quarter. Financial Perspectives Inc increased its holdings in 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 valued at $154,000 after buying an additional 1,354 shares during the last quarter. Synergy Investment Management LLC acquired a new stake in Capital Group Core Plus Income ETF during the fourth quarter valued at approximately $155,000. Finally, IFP Advisors Inc lifted its holdings in Capital Group Core Plus Income ETF by 22.1% during the 4th quarter. IFP Advisors Inc now owns 7,081 shares of the company’s stock worth $157,000 after buying an additional 1,280 shares during the last quarter.

Capital Group Core Plus Income ETF Trading Down 0.3 %

Shares of NYSEARCA CGCP opened at $22.44 on Thursday. The company has a market capitalization of $4.56 billion, a price-to-earnings ratio of 10.91 and a beta of 0.38. Capital Group Core Plus Income ETF has a twelve month low of $21.82 and a twelve month high of $23.34. The business has a 50 day simple moving average of $22.41 and a 200-day simple moving average of $22.55.

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 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.