Ashton Thomas Private Wealth LLC Increases Stock Holdings in Capital Group Core Plus Income ETF $CGCP

Ashton Thomas Private Wealth LLC boosted its stake in Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 13.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 388,457 shares of the company’s stock after acquiring an additional 47,490 shares during the period. Ashton Thomas Private Wealth LLC owned 0.15% of Capital Group Core Plus Income ETF worth $8,826,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of CGCP. MAI Capital Management purchased a new position in shares of Capital Group Core Plus Income ETF during the 2nd quarter worth approximately $46,000. Financial Perspectives Inc increased its stake in Capital Group Core Plus Income ETF by 10.7% during the 2nd quarter. Financial Perspectives Inc now owns 8,255 shares of the company’s stock valued at $186,000 after purchasing an additional 799 shares in the last quarter. Creative Financial Designs Inc. ADV raised its holdings in Capital Group Core Plus Income ETF by 9.4% in the 2nd quarter. Creative Financial Designs Inc. ADV now owns 8,451 shares of the company’s stock worth $190,000 after acquiring an additional 723 shares during the last quarter. Ameriprise Financial Inc. bought a new position in shares of Capital Group Core Plus Income ETF during the second quarter valued at $209,000. Finally, Cim LLC purchased a new stake in shares of Capital Group Core Plus Income ETF during the 2nd quarter valued at about $210,000.

Capital Group Core Plus Income ETF Price Performance

Shares of CGCP opened at $22.62 on Wednesday. The firm has a market capitalization of $6.78 billion, a P/E ratio of 10.69 and a beta of 0.36. Capital Group Core Plus Income ETF has a one year low of $21.74 and a one year high of $23.00. The business has a fifty day moving average of $22.70 and a 200 day moving average of $22.71.

Capital Group Core Plus Income ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Monday, February 2nd. Investors of record on Friday, January 30th were issued a $0.0767 dividend. This represents a c) annualized dividend and a yield of 4.1%. The ex-dividend date of this dividend was Friday, January 30th.

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. CGCP was launched on Feb 22, 2022 and is managed by Capital Group.