Kestra Investment Management LLC Has $36.68 Million Position in Capital Group Core Plus Income ETF $CGCP

Kestra Investment Management LLC boosted its holdings in Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 11.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,619,964 shares of the company’s stock after buying an additional 160,802 shares during the period. Kestra Investment Management LLC’s holdings in Capital Group Core Plus Income ETF were worth $36,676,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the business. Beam Wealth Advisors Inc. lifted its holdings in Capital Group Core Plus Income ETF by 4.1% in the fourth quarter. Beam Wealth Advisors Inc. now owns 12,134 shares of the company’s stock valued at $275,000 after buying an additional 478 shares during the period. Premier Path Wealth Partners LLC lifted its holdings in Capital Group Core Plus Income ETF by 1.0% in the third quarter. Premier Path Wealth Partners LLC now owns 53,614 shares of the company’s stock valued at $1,218,000 after buying an additional 554 shares during the period. Ridgeline Wealth Planning LLC lifted its holdings in Capital Group Core Plus Income ETF by 3.3% in the fourth quarter. Ridgeline Wealth Planning LLC now owns 17,420 shares of the company’s stock valued at $394,000 after buying an additional 555 shares during the period. CWS Financial Advisors LLC raised its holdings in Capital Group Core Plus Income ETF by 1.7% in the fourth quarter. CWS Financial Advisors LLC now owns 33,753 shares of the company’s stock worth $764,000 after purchasing an additional 575 shares during the period. Finally, Cim LLC raised its holdings in Capital Group Core Plus Income ETF by 6.8% in the third quarter. Cim LLC now owns 9,953 shares of the company’s stock worth $226,000 after purchasing an additional 633 shares during the period.

Capital Group Core Plus Income ETF Stock Performance

CGCP opened at $22.27 on Tuesday. The firm’s fifty day moving average is $22.39 and its two-hundred day moving average is $22.60. The firm has a market cap of $7.54 billion, a PE ratio of 10.69 and a beta of 0.33. Capital Group Core Plus Income ETF has a twelve month low of $22.02 and a twelve month high of $23.00.

Capital Group Core Plus Income ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, March 2nd. Shareholders of record on Friday, February 27th were issued a $0.0845 dividend. This represents a c) annualized dividend and a yield of 4.6%. This is a boost from Capital Group Core Plus Income ETF’s previous monthly dividend of $0.08. The ex-dividend date was Friday, February 27th.

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