Johnson Bixby & Associates LLC Acquires 180,227 Shares of Capital Group Core Plus Income ETF $CGCP

Johnson Bixby & Associates LLC raised its stake in Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 3.2% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,811,902 shares of the company’s stock after acquiring an additional 180,227 shares during the period. Capital Group Core Plus Income ETF accounts for about 16.9% of Johnson Bixby & Associates LLC’s investment portfolio, making the stock its biggest holding. Johnson Bixby & Associates LLC owned about 2.27% of Capital Group Core Plus Income ETF worth $132,046,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently made changes to their positions in the stock. Envestnet Asset Management Inc. lifted its holdings in shares of Capital Group Core Plus Income ETF by 44.8% in the 2nd quarter. Envestnet Asset Management Inc. now owns 7,601,504 shares of the company’s stock worth $171,034,000 after purchasing an additional 2,353,628 shares during the last quarter. Stonebridge Financial Group LLC lifted its stake in Capital Group Core Plus Income ETF by 50.8% in the second quarter. Stonebridge Financial Group LLC now owns 1,637,195 shares of the company’s stock valued at $36,837,000 after buying an additional 551,389 shares during the last quarter. Commonwealth Equity Services LLC boosted its holdings in shares of Capital Group Core Plus Income ETF by 17.0% during the second quarter. Commonwealth Equity Services LLC now owns 3,702,965 shares of the company’s stock valued at $83,317,000 after acquiring an additional 538,551 shares during the period. Tribridge Partners Financial LLC bought a new position in shares of Capital Group Core Plus Income ETF during the second quarter worth about $10,765,000. Finally, Jane Street Group LLC grew its position in shares of Capital Group Core Plus Income ETF by 88.8% during the second quarter. Jane Street Group LLC now owns 985,556 shares of the company’s stock worth $22,175,000 after acquiring an additional 463,563 shares during the last quarter.

Capital Group Core Plus Income ETF Stock Down 0.3%

CGCP stock opened at $22.66 on Friday. The stock has a market cap of $5.93 billion, a PE ratio of 10.69 and a beta of 0.36. The firm’s 50-day simple moving average is $22.75 and its 200 day simple moving average is $22.64. Capital Group Core Plus Income ETF has a fifty-two week low of $21.74 and a fifty-two week high of $23.00.

Capital Group Core Plus Income ETF Increases Dividend

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

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.