Kestra Investment Management LLC Increases Stake in Capital Group Core Plus Income ETF (NYSEARCA:CGCP)

Kestra Investment Management LLC lifted its stake in Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 35.3% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 619,739 shares of the company’s stock after buying an additional 161,844 shares during the quarter. Kestra Investment Management LLC’s holdings in Capital Group Core Plus Income ETF were worth $13,758,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of CGCP. GPS Wealth Strategies Group LLC grew its position in shares of Capital Group Core Plus Income ETF by 3.9% during the fourth quarter. GPS Wealth Strategies Group LLC now owns 13,390 shares of the company’s stock valued at $297,000 after purchasing an additional 500 shares in the last quarter. Creative Financial Designs Inc. ADV boosted its stake 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 valued at $41,000 after buying an additional 590 shares during the last quarter. Dynamic Advisor Solutions LLC grew its holdings in Capital Group Core Plus Income ETF by 0.8% during the 4th quarter. Dynamic Advisor Solutions LLC now owns 83,629 shares of the company’s stock valued at $1,857,000 after buying an additional 670 shares in the last quarter. Prospera Financial Services Inc raised its holdings in shares of Capital Group Core Plus Income ETF by 1.6% during the 3rd quarter. Prospera Financial Services Inc now owns 85,483 shares of the company’s stock worth $1,976,000 after acquiring an additional 1,346 shares in the last quarter. Finally, Blue Trust Inc. bought a new position in shares of Capital Group Core Plus Income ETF during the 4th quarter valued at approximately $31,000.

Capital Group Core Plus Income ETF Stock Performance

Capital Group Core Plus Income ETF stock opened at $22.38 on Tuesday. The company’s 50-day moving average price is $22.27 and its 200-day moving average price is $22.62. Capital Group Core Plus Income ETF has a twelve month low of $21.82 and a twelve month high of $23.39.

Capital Group Core Plus Income ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Monday, February 3rd. Stockholders of record on Friday, January 31st were given 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.