Smartleaf Asset Management LLC Purchases 24,249 Shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP)

Smartleaf Asset Management LLC lifted its position in Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 24.4% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 123,668 shares of the company’s stock after acquiring an additional 24,249 shares during the period. Smartleaf Asset Management LLC owned 0.13% of Capital Group Core Plus Income ETF worth $2,745,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in CGCP. LPL Financial LLC grew its stake in shares of Capital Group Core Plus Income ETF by 69.4% in the 3rd quarter. LPL Financial LLC now owns 5,490,411 shares of the company’s stock worth $126,938,000 after buying an additional 2,249,990 shares during the last quarter. Stonebridge Financial Group LLC purchased a new stake in shares of Capital Group Core Plus Income ETF in the 4th quarter worth approximately $23,362,000. Captrust Financial Advisors grew its stake in shares of Capital Group Core Plus Income ETF by 711.0% in the 3rd quarter. Captrust Financial Advisors now owns 830,262 shares of the company’s stock worth $19,196,000 after buying an additional 727,884 shares during the last quarter. Harbour Investments Inc. grew its stake in shares of Capital Group Core Plus Income ETF by 46.4% in the 3rd quarter. Harbour Investments Inc. now owns 1,725,798 shares of the company’s stock worth $39,900,000 after buying an additional 546,823 shares during the last quarter. Finally, Janney Montgomery Scott LLC grew its stake in shares of Capital Group Core Plus Income ETF by 22.5% in the 4th quarter. Janney Montgomery Scott LLC now owns 2,415,020 shares of the company’s stock worth $53,613,000 after buying an additional 444,281 shares during the last quarter.

Capital Group Core Plus Income ETF Trading Down 0.0 %

Shares of CGCP opened at $22.60 on Friday. The business’s fifty day simple moving average is $22.27 and its two-hundred day simple moving average is $22.60. Capital Group Core Plus Income ETF has a 12 month low of $21.82 and a 12 month high of $23.34. The company has a market cap of $4.48 billion, a price-to-earnings ratio of 16.73 and a beta of 0.38.

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 of this dividend was Friday, January 31st.

Capital Group Core Plus Income ETF 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.