Merit Financial Group LLC Buys 12,897 Shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP)

Merit Financial Group LLC lifted its stake in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 17.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 88,745 shares of the company’s stock after acquiring an additional 12,897 shares during the period. Merit Financial Group LLC owned approximately 0.09% of Capital Group Core Plus Income ETF worth $1,970,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in CGCP. Creative Financial Designs Inc. ADV boosted its holdings in Capital Group Core Plus Income ETF by 49.8% during the third quarter. Creative Financial Designs Inc. ADV now owns 1,774 shares of the company’s stock worth $41,000 after purchasing an additional 590 shares during the last quarter. Daymark Wealth Partners LLC boosted its holdings in Capital Group Core Plus Income ETF by 4.4% during the third quarter. Daymark Wealth Partners LLC now owns 16,701 shares of the company’s stock worth $386,000 after purchasing an additional 704 shares during the last quarter. Koshinski Asset Management Inc. boosted its holdings in Capital Group Core Plus Income ETF by 6.9% during the third quarter. Koshinski Asset Management Inc. now owns 14,823 shares of the company’s stock worth $343,000 after purchasing an additional 962 shares during the last quarter. Intergy Private Wealth LLC boosted its holdings in Capital Group Core Plus Income ETF by 3.5% during the third quarter. Intergy Private Wealth LLC now owns 37,669 shares of the company’s stock worth $871,000 after purchasing an additional 1,268 shares during the last quarter. Finally, Prospera Financial Services Inc boosted its holdings in Capital Group Core Plus Income ETF by 1.6% during the third quarter. Prospera Financial Services Inc now owns 85,483 shares of the company’s stock worth $1,976,000 after purchasing an additional 1,346 shares during the last quarter.

Capital Group Core Plus Income ETF Stock Performance

Shares of CGCP opened at $22.22 on Tuesday. Capital Group Core Plus Income ETF has a 12 month low of $21.82 and a 12 month high of $23.39. The firm has a fifty day simple moving average of $22.36 and a 200 day simple moving average of $22.65.

Capital Group Core Plus Income ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, December 2nd. Investors of record on Friday, November 29th were issued a dividend of $0.0859 per share. This is a boost from Capital Group Core Plus Income ETF’s previous dividend of $0.08. The ex-dividend date of this dividend was Friday, November 29th.

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.