Capital Group Core Plus Income ETF $CGCP Shares Purchased by Level Four Advisory Services LLC

Level Four Advisory Services LLC increased its position in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 22.5% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 166,554 shares of the company’s stock after buying an additional 30,607 shares during the quarter. Level Four Advisory Services LLC’s holdings in Capital Group Core Plus Income ETF were worth $3,747,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in CGCP. MAI Capital Management purchased a new stake in shares of Capital Group Core Plus Income ETF during the 2nd quarter worth about $46,000. Vermillion & White Wealth Management Group LLC acquired a new position in Capital Group Core Plus Income ETF in the 1st quarter worth about $53,000. CWM LLC purchased a new position in Capital Group Core Plus Income ETF during the first quarter worth approximately $84,000. Thurston Springer Miller Herd & Titak Inc. grew its holdings in Capital Group Core Plus Income ETF by 190.2% in 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 during the period. Finally, Olistico Wealth LLC increased 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 buying an additional 1,094 shares in the last quarter.

Capital Group Core Plus Income ETF Price Performance

Shares of CGCP stock opened at $22.75 on Friday. Capital Group Core Plus Income ETF has a 1-year low of $21.74 and a 1-year high of $23.00. The company has a market cap of $5.96 billion, a price-to-earnings ratio of 10.69 and a beta of 0.36. The stock has a 50 day simple moving average of $22.79 and a 200-day simple moving average of $22.57.

Capital Group Core Plus Income ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, December 1st. Shareholders of record on Friday, November 28th will be issued a dividend of $0.0855 per share. This represents a c) annualized dividend and a yield of 4.5%. The ex-dividend date of this dividend is Friday, November 28th.

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.