Silverlake Wealth Management LLC Increases Stock Position in Capital Group Core Plus Income ETF (NYSEARCA:CGCP)

Silverlake Wealth Management LLC grew its position in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 88.3% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 68,247 shares of the company’s stock after purchasing an additional 32,003 shares during the quarter. Silverlake Wealth Management LLC’s holdings in Capital Group Core Plus Income ETF were worth $1,578,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also made changes to their positions in CGCP. ICA Group Wealth Management LLC grew its stake in Capital Group Core Plus Income ETF by 160,000.0% during the 2nd quarter. ICA Group Wealth Management LLC now owns 1,601 shares of the company’s stock worth $36,000 after buying an additional 1,600 shares during the last quarter. Olistico Wealth LLC purchased a new stake in Capital Group Core Plus Income ETF in the 2nd quarter valued at $43,000. Magnolia Capital Advisors LLC acquired a new stake in Capital Group Core Plus Income ETF during the 2nd quarter worth $63,000. Financial Perspectives Inc grew its position in Capital Group Core Plus Income ETF by 28.8% during the 1st quarter. Financial Perspectives Inc now owns 5,571 shares of the company’s stock worth $125,000 after purchasing an additional 1,247 shares during the last quarter. Finally, Hexagon Capital Partners LLC acquired a new position in Capital Group Core Plus Income ETF in the third quarter valued at $198,000.

Capital Group Core Plus Income ETF Price Performance

Shares of CGCP traded up $0.01 during mid-day trading on Friday, hitting $22.79. 816,485 shares of the company’s stock were exchanged, compared to its average volume of 749,106. Capital Group Core Plus Income ETF has a fifty-two week low of $20.99 and a fifty-two week high of $23.39. The business’s 50 day moving average is $23.01 and its two-hundred day moving average is $22.54.

Capital Group Core Plus Income ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Monday, September 30th. Stockholders of record on Friday, September 27th were paid a $0.0828 dividend. The ex-dividend date was Friday, September 27th.

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.