Stonebridge Financial Group LLC Makes New Investment in Capital Group Core Plus Income ETF (NYSEARCA:CGCP)

Stonebridge Financial Group LLC bought a new position in Capital Group Core Plus Income ETF (NYSEARCA:CGCP) in the fourth quarter, HoldingsChannel.com reports. The fund bought 1,052,329 shares of the company’s stock, valued at approximately $23,362,000. Capital Group Core Plus Income ETF comprises about 2.6% of Stonebridge Financial Group LLC’s portfolio, making the stock its 7th largest position.

Other large investors also recently modified their holdings of the company. LPL Financial LLC lifted its position in Capital Group Core Plus Income ETF by 69.4% during the 3rd quarter. LPL Financial LLC now owns 5,490,411 shares of the company’s stock valued at $126,938,000 after purchasing an additional 2,249,990 shares during the period. Johnson Bixby & Associates LLC raised its stake in shares of Capital Group Core Plus Income ETF by 8.3% during the fourth quarter. Johnson Bixby & Associates LLC now owns 4,402,179 shares of the company’s stock worth $97,728,000 after buying an additional 337,128 shares during the last quarter. Commonwealth Equity Services LLC lifted its holdings in Capital Group Core Plus Income ETF by 38.7% in the third quarter. Commonwealth Equity Services LLC now owns 2,620,974 shares of the company’s stock valued at $60,597,000 after buying an additional 731,316 shares during the period. Raymond James & Associates boosted its stake in Capital Group Core Plus Income ETF by 63.9% in the third quarter. Raymond James & Associates now owns 2,479,858 shares of the company’s stock valued at $57,334,000 after acquiring an additional 967,129 shares during the last quarter. Finally, Janney Montgomery Scott LLC grew its holdings in Capital Group Core Plus Income ETF by 22.5% during the 4th quarter. Janney Montgomery Scott LLC now owns 2,415,020 shares of the company’s stock worth $53,613,000 after acquiring an additional 444,281 shares during the period.

Capital Group Core Plus Income ETF Price Performance

CGCP stock opened at $22.34 on Tuesday. Capital Group Core Plus Income ETF has a twelve month low of $21.82 and a twelve month high of $23.39. The business’s fifty day moving average is $22.31 and its 200-day moving average is $22.63.

Capital Group Core Plus Income ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Monday, February 3rd. Stockholders 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.

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.