Capital Group Core Plus Income ETF (NYSEARCA:CGCP) Shares Purchased by NavPoint Financial Inc.

NavPoint Financial Inc. lifted its holdings in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 13.0% during the fourth quarter, HoldingsChannel reports. The firm owned 309,103 shares of the company’s stock after acquiring an additional 35,501 shares during the quarter. Capital Group Core Plus Income ETF comprises 5.4% of NavPoint Financial Inc.’s holdings, making the stock its 8th largest holding. NavPoint Financial Inc.’s holdings in Capital Group Core Plus Income ETF were worth $6,862,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Renaissance Technologies LLC bought a new stake in Capital Group Core Plus Income ETF in the 2nd quarter valued at $1,207,000. B. Riley Wealth Advisors Inc. bought a new stake in shares of Capital Group Core Plus Income ETF in the second quarter valued at about $440,000. Sanctuary Advisors LLC acquired a new position in shares of Capital Group Core Plus Income ETF during the second quarter worth about $2,620,000. IAM Advisory LLC boosted its position in shares of Capital Group Core Plus Income ETF by 3.2% during the third quarter. IAM Advisory LLC now owns 1,096,383 shares of the company’s stock worth $25,348,000 after buying an additional 33,708 shares during the period. Finally, Dynamic Advisor Solutions LLC grew its holdings in shares of Capital Group Core Plus Income ETF by 12.7% during the third quarter. Dynamic Advisor Solutions LLC now owns 82,959 shares of the company’s stock worth $1,918,000 after buying an additional 9,343 shares in the last quarter.

Capital Group Core Plus Income ETF Stock Down 0.5 %

Shares of CGCP opened at $22.27 on Monday. Capital Group Core Plus Income ETF has a twelve month low of $21.82 and a twelve month high of $23.39. The company has a 50 day moving average of $22.34 and a 200-day moving average of $22.64.

Capital Group Core Plus Income ETF Cuts Dividend

The business also recently announced a dividend, which will be paid on Monday, February 3rd. Investors of record on Friday, January 31st will be issued a dividend of $0.0801 per share. The ex-dividend date of this dividend is Friday, January 31st.

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.