Confluence Wealth Services Inc. Purchases 61,926 Shares of Capital Group Core Plus Income ETF $CGCP

Confluence Wealth Services Inc. lifted its holdings in Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 5.3% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,236,582 shares of the company’s stock after buying an additional 61,926 shares during the quarter. Capital Group Core Plus Income ETF makes up about 1.5% of Confluence Wealth Services Inc.’s holdings, making the stock its 16th biggest holding. Confluence Wealth Services Inc. owned 0.53% of Capital Group Core Plus Income ETF worth $27,823,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in shares of Capital Group Core Plus Income ETF by 54.7% during the first quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,547 shares of the company’s stock valued at $35,000 after purchasing an additional 547 shares during the last quarter. NBC Securities Inc. increased its position in Capital Group Core Plus Income ETF by 10,241.2% during the 1st quarter. NBC Securities Inc. now owns 1,758 shares of the company’s stock valued at $39,000 after buying an additional 1,741 shares in the last quarter. ORG Partners LLC raised its stake in Capital Group Core Plus Income ETF by 182.4% during the first quarter. ORG Partners LLC now owns 2,217 shares of the company’s stock valued at $50,000 after buying an additional 1,432 shares during the last quarter. Vermillion & White Wealth Management Group LLC bought a new stake in Capital Group Core Plus Income ETF in the first quarter worth $53,000. Finally, CWM LLC bought a new stake in Capital Group Core Plus Income ETF in the first quarter worth $84,000.

Capital Group Core Plus Income ETF Stock Performance

NYSEARCA:CGCP opened at $22.78 on Monday. The firm has a market cap of $5.86 billion, a P/E ratio of 10.69 and a beta of 0.39. Capital Group Core Plus Income ETF has a fifty-two week low of $21.74 and a fifty-two week high of $23.00. The firm has a 50-day simple moving average of $22.68 and a two-hundred day simple moving average of $22.42.

Capital Group Core Plus Income ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Monday, September 29th were paid a $0.0901 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date was Monday, September 29th.

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.