Wells Fargo & Company MN Has $231.21 Million Holdings in Capital Group Core Plus Income ETF (NYSEARCA:CGCP)

Wells Fargo & Company MN boosted its stake in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 25.4% in the fourth quarter, Holdings Channel reports. The firm owned 10,414,720 shares of the company’s stock after acquiring an additional 2,111,261 shares during the period. Wells Fargo & Company MN owned about 0.11% of Capital Group Core Plus Income ETF worth $231,207,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Blue Trust Inc. bought a new position in Capital Group Core Plus Income ETF in the 4th quarter worth $31,000. Creative Financial Designs Inc. ADV grew its position in shares of Capital Group Core Plus Income ETF by 44.1% in the fourth 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 during the last quarter. Financial Perspectives Inc increased its stake in shares of Capital Group Core Plus Income ETF by 24.3% in 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 acquired a new position in shares of Capital Group Core Plus Income ETF during the 4th quarter worth about $155,000. Finally, IFP Advisors Inc boosted its stake in Capital Group Core Plus Income ETF by 22.1% during the 4th quarter. IFP Advisors Inc now owns 7,081 shares of the company’s stock valued at $157,000 after purchasing an additional 1,280 shares during the period.

Capital Group Core Plus Income ETF Trading Down 0.3 %

CGCP opened at $22.46 on Friday. The business has a 50 day moving average of $22.44 and a 200-day moving average of $22.51. The stock has a market capitalization 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 1-year low of $21.82 and a 1-year 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 given 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.

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.