LPL Financial LLC Acquires 3,030,805 Shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP)

LPL Financial LLC grew its holdings in Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 55.2% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 8,521,216 shares of the company’s stock after purchasing an additional 3,030,805 shares during the quarter. LPL Financial LLC owned approximately 8.71% of Capital Group Core Plus Income ETF worth $189,171,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Brookstone Capital Management bought a new stake in shares of Capital Group Core Plus Income ETF in the 4th quarter valued at about $538,000. Principal Securities Inc. raised its holdings in shares of Capital Group Core Plus Income ETF by 33.8% in the 4th quarter. Principal Securities Inc. now owns 37,626 shares of the company’s stock valued at $835,000 after purchasing an additional 9,499 shares in the last quarter. DAVENPORT & Co LLC raised its holdings in shares of Capital Group Core Plus Income ETF by 13.4% in the 4th quarter. DAVENPORT & Co LLC now owns 101,557 shares of the company’s stock valued at $2,255,000 after purchasing an additional 12,007 shares in the last quarter. Stifel Financial Corp raised its holdings in shares of Capital Group Core Plus Income ETF by 19.7% in the 3rd quarter. Stifel Financial Corp now owns 1,535,181 shares of the company’s stock valued at $35,493,000 after purchasing an additional 252,242 shares in the last quarter. Finally, CWS Financial Advisors LLC raised its holdings in shares of Capital Group Core Plus Income ETF by 16.5% in the 3rd quarter. CWS Financial Advisors LLC now owns 23,026 shares of the company’s stock valued at $532,000 after purchasing an additional 3,264 shares in the last quarter.

Capital Group Core Plus Income ETF Stock Down 0.1 %

NYSEARCA CGCP opened at $22.54 on Monday. Capital Group Core Plus Income ETF has a 52 week low of $21.82 and a 52 week high of $23.34. The company has a 50 day moving average price of $22.38 and a 200 day moving average price of $22.56. The firm has a market cap of $4.58 billion, a PE ratio of 10.91 and a beta of 0.38.

Capital Group Core Plus Income ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Monday, February 3rd. Investors of record on Friday, January 31st were given a dividend of $0.0801 per share. The ex-dividend date of this dividend was Friday, January 31st.

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.