Valmark Advisers Inc. Boosts Stock Position in Capital Group Core Plus Income ETF (NYSEARCA:CGCP)

Valmark Advisers Inc. boosted its holdings in Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 74.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 155,270 shares of the company’s stock after buying an additional 66,466 shares during the quarter. Valmark Advisers Inc. owned approximately 0.16% of Capital Group Core Plus Income ETF worth $3,447,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in CGCP. Global Retirement Partners LLC grew its holdings in shares of Capital Group Core Plus Income ETF by 460.9% during the third quarter. Global Retirement Partners LLC now owns 86,282 shares of the company’s stock worth $1,995,000 after purchasing an additional 70,900 shares during the last quarter. KMG Fiduciary Partners LLC purchased a new position in shares of Capital Group Core Plus Income ETF during the third quarter worth about $1,526,000. Raymond James & Associates grew its holdings in shares of Capital Group Core Plus Income ETF by 63.9% during the third quarter. Raymond James & Associates now owns 2,479,858 shares of the company’s stock worth $57,334,000 after purchasing an additional 967,129 shares during the last quarter. ST Germain D J Co. Inc. grew its holdings in shares of Capital Group Core Plus Income ETF by 12.7% during the third quarter. ST Germain D J Co. Inc. now owns 866,996 shares of the company’s stock worth $20,045,000 after purchasing an additional 97,631 shares during the last quarter. Finally, Commonwealth Equity Services LLC grew its holdings in shares of Capital Group Core Plus Income ETF by 38.7% during the third quarter. Commonwealth Equity Services LLC now owns 2,620,974 shares of the company’s stock worth $60,597,000 after purchasing an additional 731,316 shares during the last quarter.

Capital Group Core Plus Income ETF Trading Up 0.4 %

Shares of CGCP opened at $22.38 on Friday. Capital Group Core Plus Income ETF has a fifty-two week low of $21.82 and a fifty-two week high of $23.39. The firm has a 50-day simple moving average of $22.28 and a 200-day simple moving average of $22.62.

Capital Group Core Plus Income ETF Cuts Dividend

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