Madison Wealth Partners Inc Buys 6,478 Shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP)

Madison Wealth Partners Inc boosted its stake in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 22.7% in the fourth quarter, Holdings Channel reports. The firm owned 35,017 shares of the company’s stock after acquiring an additional 6,478 shares during the period. Madison Wealth Partners Inc’s holdings in Capital Group Core Plus Income ETF were worth $777,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Blue Trust Inc. acquired a new position in Capital Group Core Plus Income ETF in the 4th quarter valued at $31,000. Financial Perspectives Inc lifted its position in Capital Group Core Plus Income ETF by 24.3% during the 4th 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 last quarter. Synergy Investment Management LLC acquired a new position in Capital Group Core Plus Income ETF during the 4th quarter worth $155,000. IFP Advisors Inc lifted its position 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 acquiring an additional 1,280 shares during the last quarter. Finally, Private Trust Co. NA lifted its position in Capital Group Core Plus Income ETF by 151.8% during the 3rd quarter. Private Trust Co. NA now owns 9,064 shares of the company’s stock worth $210,000 after acquiring an additional 5,465 shares during the last quarter.

Capital Group Core Plus Income ETF Price Performance

Capital Group Core Plus Income ETF stock opened at $22.44 on Thursday. The firm has a market cap of $4.45 billion, a price-to-earnings ratio of 16.73 and a beta of 0.38. Capital Group Core Plus Income ETF has a fifty-two week low of $21.82 and a fifty-two week high of $23.34. The firm has a fifty day moving average price of $22.33 and a two-hundred day moving average price of $22.58.

Capital Group Core Plus Income ETF Cuts Dividend

The company also recently announced 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.