World Investment Advisors Purchases 20,148 Shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP)

World Investment Advisors increased its position in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 87.8% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 43,105 shares of the company’s stock after buying an additional 20,148 shares during the period. World Investment Advisors’ holdings in Capital Group Core Plus Income ETF were worth $957,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of CGCP. Blue Trust Inc. acquired a new stake in Capital Group Core Plus Income ETF during the 4th quarter worth about $31,000. Creative Financial Designs Inc. ADV boosted its position in shares of Capital Group Core Plus Income ETF by 44.1% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 2,556 shares of the company’s stock valued at $57,000 after purchasing an additional 782 shares in the last quarter. Financial Perspectives Inc grew its stake in Capital Group Core Plus Income ETF by 24.3% during the fourth quarter. Financial Perspectives Inc now owns 6,925 shares of the company’s stock worth $154,000 after purchasing an additional 1,354 shares during the period. Synergy Investment Management LLC bought a new stake in Capital Group Core Plus Income ETF in the fourth quarter worth approximately $155,000. Finally, IFP Advisors Inc lifted its stake in Capital Group Core Plus Income ETF by 22.1% in the fourth quarter. IFP Advisors Inc now owns 7,081 shares of the company’s stock valued at $157,000 after buying an additional 1,280 shares during the period.

Capital Group Core Plus Income ETF Stock Down 0.3 %

Shares of CGCP stock opened at $22.46 on Monday. The firm has a 50 day moving average of $22.44 and a 200-day moving average of $22.50. The company has a market cap of $4.71 billion, a price-to-earnings ratio of 10.94 and a beta of 0.37. Capital Group Core Plus Income ETF has a 52 week low of $21.82 and a 52 week high of $23.34.

Capital Group Core Plus Income ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, March 28th were issued a dividend of $0.0921 per share. The ex-dividend date was Friday, March 28th. This is a positive change from Capital Group Core Plus Income ETF’s previous dividend of $0.08.

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.