Tcfg Wealth Management LLC Takes $586,000 Position in Capital Group Core Plus Income ETF $CGCP

Tcfg Wealth Management LLC purchased a new position in Capital Group Core Plus Income ETF (NYSEARCA:CGCP) during the third quarter, Holdings Channel.com reports. The firm purchased 25,775 shares of the company’s stock, valued at approximately $586,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. McGlone Suttner Wealth Management Inc. lifted its holdings in shares of Capital Group Core Plus Income ETF by 2.5% in the third quarter. McGlone Suttner Wealth Management Inc. now owns 1,335,471 shares of the company’s stock valued at $30,342,000 after purchasing an additional 33,117 shares in the last quarter. Aspire Growth Partners LLC acquired a new position in Capital Group Core Plus Income ETF during the second quarter valued at $353,000. Franklin Resources Inc. purchased a new stake in Capital Group Core Plus Income ETF in the 2nd quarter worth about $1,083,000. Benjamin Edwards Inc. lifted its stake in Capital Group Core Plus Income ETF by 20.3% in the 3rd quarter. Benjamin Edwards Inc. now owns 385,664 shares of the company’s stock worth $8,762,000 after acquiring an additional 65,065 shares in the last quarter. Finally, Adamsbrown Wealth Consultants LLC boosted its position in Capital Group Core Plus Income ETF by 15.5% during the 3rd quarter. Adamsbrown Wealth Consultants LLC now owns 1,457,043 shares of the company’s stock worth $33,104,000 after acquiring an additional 195,549 shares during the period.

Capital Group Core Plus Income ETF Price Performance

NYSEARCA:CGCP opened at $22.46 on Friday. The stock has a market cap of $6.73 billion, a PE ratio of 10.69 and a beta of 0.36. 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 stock’s 50-day moving average is $22.70 and its two-hundred day moving average is $22.74.

Capital Group Core Plus Income ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, March 2nd. Investors of record on Friday, February 27th were given a dividend of $0.0845 per share. The ex-dividend date of this dividend was Friday, February 27th. This is a boost from Capital Group Core Plus Income ETF’s previous monthly dividend of $0.08. This represents a c) dividend on an annualized basis and a yield of 4.5%.

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.