Yarger Wealth Strategies LLC Acquires New Shares in Capital Group Core Plus Income ETF (NYSEARCA:CGCP)

Yarger Wealth Strategies LLC acquired a new stake in Capital Group Core Plus Income ETF (NYSEARCA:CGCP) in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 8,968 shares of the company’s stock, valued at approximately $201,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Capital International Investors increased its holdings in Capital Group Core Plus Income ETF by 22.9% in the fourth quarter. Capital International Investors now owns 13,561,469 shares of the company’s stock valued at $301,065,000 after purchasing an additional 2,522,846 shares during the last quarter. Wells Fargo & Company MN increased its holdings in Capital Group Core Plus Income ETF by 25.4% in the fourth quarter. Wells Fargo & Company MN now owns 10,414,720 shares of the company’s stock valued at $231,207,000 after purchasing an additional 2,111,261 shares during the last quarter. LPL Financial LLC increased its holdings in shares of Capital Group Core Plus Income ETF by 55.2% in the fourth quarter. LPL Financial LLC now owns 8,521,216 shares of the company’s stock worth $189,171,000 after acquiring an additional 3,030,805 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of Capital Group Core Plus Income ETF by 15.6% in the fourth quarter. Envestnet Asset Management Inc. now owns 4,494,352 shares of the company’s stock worth $99,775,000 after acquiring an additional 606,369 shares in the last quarter. Finally, Cetera Investment Advisers increased its holdings in shares of Capital Group Core Plus Income ETF by 1.4% in the fourth quarter. Cetera Investment Advisers now owns 4,290,947 shares of the company’s stock worth $95,259,000 after acquiring an additional 57,639 shares in the last quarter.

Capital Group Core Plus Income ETF Price Performance

Shares of Capital Group Core Plus Income ETF stock opened at $22.28 on Thursday. Capital Group Core Plus Income ETF has a 1 year low of $21.74 and a 1 year high of $23.34. The business has a 50-day moving average of $22.16 and a two-hundred day moving average of $22.31. The company has a market capitalization of $4.99 billion, a P/E ratio of 10.69 and a beta of 0.35.

Capital Group Core Plus Income ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 28th were issued a $0.0921 dividend. This is an increase from Capital Group Core Plus Income ETF’s previous dividend of $0.08. The ex-dividend date was Friday, March 28th.

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.