Studio Investment Management LLC Boosts Stock Position in Capital Group Core Plus Income ETF (NYSEARCA:CGCP)

Studio Investment Management LLC increased its stake in Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 17.9% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 156,273 shares of the company’s stock after purchasing an additional 23,773 shares during the quarter. Studio Investment Management LLC’s holdings in Capital Group Core Plus Income ETF were worth $3,613,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in CGCP. LongView Wealth Management grew its position in shares of Capital Group Core Plus Income ETF by 0.8% during the 2nd quarter. LongView Wealth Management now owns 60,592 shares of the company’s stock valued at $1,346,000 after purchasing an additional 492 shares in the last quarter. Lodestone Wealth Management LLC grew its position in Capital Group Core Plus Income ETF by 0.4% during the second quarter. Lodestone Wealth Management LLC now owns 149,570 shares of the company’s stock worth $3,323,000 after buying an additional 537 shares in the last quarter. Ameritas Advisory Services LLC increased its stake in Capital Group Core Plus Income ETF by 1.1% in the 2nd quarter. Ameritas Advisory Services LLC now owns 53,546 shares of the company’s stock worth $1,190,000 after acquiring an additional 557 shares during the last quarter. Creative Financial Designs Inc. ADV raised its holdings in shares of Capital Group Core Plus Income ETF by 49.8% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 1,774 shares of the company’s stock valued at $41,000 after acquiring an additional 590 shares in the last quarter. Finally, Daymark Wealth Partners LLC boosted its position in shares of Capital Group Core Plus Income ETF by 4.4% during the 3rd quarter. Daymark Wealth Partners LLC now owns 16,701 shares of the company’s stock valued at $386,000 after acquiring an additional 704 shares during the last quarter.

Capital Group Core Plus Income ETF Stock Performance

CGCP stock opened at $22.40 on Friday. The company’s 50 day moving average is $22.78 and its 200 day moving average is $22.62. Capital Group Core Plus Income ETF has a 1-year low of $21.81 and a 1-year high of $23.39.

Capital Group Core Plus Income ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Monday, September 30th. Stockholders of record on Friday, September 27th were given a dividend of $0.0828 per share. The ex-dividend date was Friday, September 27th.

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.