Capital Group Core Plus Income ETF $CGCP is McGlone Suttner Wealth Management Inc.’s 7th Largest Position

McGlone Suttner Wealth Management Inc. increased its holdings in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 2.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,335,471 shares of the company’s stock after buying an additional 33,117 shares during the period. Capital Group Core Plus Income ETF comprises approximately 4.2% of McGlone Suttner Wealth Management Inc.’s investment portfolio, making the stock its 7th largest holding. McGlone Suttner Wealth Management Inc. owned approximately 0.52% of Capital Group Core Plus Income ETF worth $30,342,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. MAI Capital Management purchased a new stake in Capital Group Core Plus Income ETF in the 2nd quarter worth $46,000. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in Capital Group Core Plus Income ETF by 190.2% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 4,490 shares of the company’s stock valued at $101,000 after purchasing an additional 2,943 shares in the last quarter. Olistico Wealth LLC grew its position in shares of Capital Group Core Plus Income ETF by 20.5% in the second quarter. Olistico Wealth LLC now owns 6,440 shares of the company’s stock valued at $145,000 after purchasing an additional 1,094 shares during the period. Financial Perspectives Inc grew its position in shares of Capital Group Core Plus Income ETF by 10.7% in the second quarter. Financial Perspectives Inc now owns 8,255 shares of the company’s stock valued at $186,000 after purchasing an additional 799 shares during the period. Finally, Creative Financial Designs Inc. ADV increased its stake in shares of Capital Group Core Plus Income ETF by 9.4% during the second quarter. Creative Financial Designs Inc. ADV now owns 8,451 shares of the company’s stock worth $190,000 after purchasing an additional 723 shares in the last quarter.

Capital Group Core Plus Income ETF Stock Up 0.1%

CGCP opened at $22.68 on Tuesday. The company has a market cap of $5.94 billion, a PE ratio of 10.69 and a beta of 0.36. Capital Group Core Plus Income ETF has a twelve month low of $21.74 and a twelve month high of $23.00. The company has a 50-day moving average price of $22.74 and a 200 day moving average price of $22.65.

Capital Group Core Plus Income ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, December 26th. Shareholders of record on Wednesday, December 24th were issued a dividend of $0.1183 per share. The ex-dividend date of this dividend was Wednesday, December 24th. This is an increase from Capital Group Core Plus Income ETF’s previous monthly dividend of $0.09. This represents a c) dividend on an annualized basis and a dividend yield of 6.3%.

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