Stratos Wealth Partners LTD. Increases Stake in Capital Group Core Plus Income ETF $CGCP

Stratos Wealth Partners LTD. raised its stake in Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 202.1% in the third quarter, HoldingsChannel reports. The fund owned 93,262 shares of the company’s stock after purchasing an additional 62,391 shares during the period. Stratos Wealth Partners LTD.’s holdings in Capital Group Core Plus Income ETF were worth $2,119,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in CGCP. Tyler Stone Wealth Management increased its holdings in shares of Capital Group Core Plus Income ETF by 1.1% during the 2nd quarter. Tyler Stone Wealth Management now owns 48,101 shares of the company’s stock valued at $1,082,000 after purchasing an additional 540 shares in the last quarter. Asset Allocation Strategies LLC increased its holdings in Capital Group Core Plus Income ETF by 1.4% in the third quarter. Asset Allocation Strategies LLC now owns 38,089 shares of the company’s stock valued at $865,000 after buying an additional 541 shares in the last quarter. Premier Path Wealth Partners LLC raised its position in shares of Capital Group Core Plus Income ETF by 1.0% in the third quarter. Premier Path Wealth Partners LLC now owns 53,614 shares of the company’s stock worth $1,218,000 after acquiring an additional 554 shares during the period. Silverlake Wealth Management LLC boosted its stake in shares of Capital Group Core Plus Income ETF by 0.8% during the 2nd quarter. Silverlake Wealth Management LLC now owns 73,230 shares of the company’s stock worth $1,648,000 after acquiring an additional 602 shares in the last quarter. Finally, Dynamic Advisor Solutions LLC increased its stake in shares of Capital Group Core Plus Income ETF by 0.6% in the 3rd quarter. Dynamic Advisor Solutions LLC now owns 102,545 shares of the company’s stock valued at $2,330,000 after purchasing an additional 637 shares in the last quarter.

Capital Group Core Plus Income ETF Trading Up 0.3%

Shares of CGCP opened at $22.87 on Friday. The firm has a market cap of $6.85 billion, a P/E ratio of 10.69 and a beta of 0.36. Capital Group Core Plus Income ETF has a 12 month low of $21.74 and a 12 month high of $23.00. The stock’s 50 day moving average is $22.70 and its two-hundred day moving average is $22.72.

Capital Group Core Plus Income ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Monday, February 2nd. Investors of record on Friday, January 30th were given a dividend of $0.0767 per share. This represents a c) annualized dividend and a dividend yield of 4.0%. The ex-dividend date was Friday, January 30th.

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. CGCP was launched on Feb 22, 2022 and is managed by Capital Group.