SOL Capital Management CO Grows Stock Position in Capital Group Core Plus Income ETF (NYSEARCA:CGCP)

SOL Capital Management CO increased its holdings in Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 21.3% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 236,273 shares of the company’s stock after acquiring an additional 41,470 shares during the period. SOL Capital Management CO’s holdings in Capital Group Core Plus Income ETF were worth $5,245,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in CGCP. Brookstone Capital Management acquired a new position in Capital Group Core Plus Income ETF during the 4th quarter worth about $538,000. Global Retirement Partners LLC increased its stake in Capital Group Core Plus Income ETF by 460.9% during the third quarter. Global Retirement Partners LLC now owns 86,282 shares of the company’s stock worth $1,995,000 after purchasing an additional 70,900 shares during the period. Concourse Financial Group Securities Inc. lifted its position in shares of Capital Group Core Plus Income ETF by 16.6% during the third quarter. Concourse Financial Group Securities Inc. now owns 73,738 shares of the company’s stock worth $1,705,000 after purchasing an additional 10,506 shares in the last quarter. IAM Advisory LLC boosted its stake in shares of Capital Group Core Plus Income ETF by 3.2% in the third quarter. IAM Advisory LLC now owns 1,096,383 shares of the company’s stock valued at $25,348,000 after purchasing an additional 33,708 shares during the period. Finally, Clearview Wealth Advisors LLC grew its holdings in shares of Capital Group Core Plus Income ETF by 15.7% in the third quarter. Clearview Wealth Advisors LLC now owns 515,570 shares of the company’s stock valued at $11,920,000 after purchasing an additional 70,141 shares in the last quarter.

Capital Group Core Plus Income ETF Price Performance

Shares of CGCP stock opened at $22.38 on Friday. The firm has a 50 day moving average of $22.34 and a two-hundred day moving average of $22.64. Capital Group Core Plus Income ETF has a 52 week low of $21.82 and a 52 week high of $23.39.

Capital Group Core Plus Income ETF Increases Dividend

The business also recently announced a dividend, which was paid on Monday, December 2nd. Investors of record on Friday, November 29th were issued a $0.0859 dividend. The ex-dividend date of this dividend was Friday, November 29th. 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.