Oppenheimer & Co. Inc. Buys 4,886 Shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP)

Oppenheimer & Co. Inc. lifted its stake in Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 5.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 88,588 shares of the company’s stock after buying an additional 4,886 shares during the period. Oppenheimer & Co. Inc.’s holdings in Capital Group Core Plus Income ETF were worth $1,967,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Blue Trust Inc. purchased a new stake in Capital Group Core Plus Income ETF during the 4th quarter valued at $31,000. Creative Financial Designs Inc. ADV raised its stake in shares of Capital Group Core Plus Income ETF by 49.8% during the third quarter. Creative Financial Designs Inc. ADV now owns 1,774 shares of the company’s stock valued at $41,000 after acquiring an additional 590 shares during the last quarter. Transcendent Capital Group LLC bought a new position in shares of Capital Group Core Plus Income ETF during the third quarter valued at about $53,000. Financial Perspectives Inc boosted its holdings in shares of Capital Group Core Plus Income ETF by 24.3% during the fourth quarter. Financial Perspectives Inc now owns 6,925 shares of the company’s stock worth $154,000 after purchasing an additional 1,354 shares during the period. Finally, IFP Advisors Inc grew its stake in shares of Capital Group Core Plus Income ETF by 22.1% in the fourth quarter. IFP Advisors Inc now owns 7,081 shares of the company’s stock worth $157,000 after purchasing an additional 1,280 shares during the last quarter.

Capital Group Core Plus Income ETF Price Performance

CGCP opened at $22.64 on Tuesday. Capital Group Core Plus Income ETF has a one year low of $21.82 and a one year high of $23.34. The business has a 50 day simple moving average of $22.28 and a two-hundred day simple moving average of $22.60. The firm has a market capitalization of $4.49 billion, a price-to-earnings ratio of 16.73 and a beta of 0.38.

Capital Group Core Plus Income ETF Cuts Dividend

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

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.