Thoroughbred Financial Services LLC Invests $546,000 in Capital Group Core Plus Income ETF (NYSEARCA:CGCP)

Thoroughbred Financial Services LLC purchased a new stake in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 24,622 shares of the company’s stock, valued at approximately $546,000.

Other institutional investors have also recently bought and sold shares of the company. Rockefeller Capital Management L.P. acquired a new stake in shares of Capital Group Core Plus Income ETF in the third quarter valued at $483,000. Stifel Financial Corp grew its holdings in Capital Group Core Plus Income ETF by 19.7% during the 3rd quarter. Stifel Financial Corp now owns 1,535,181 shares of the company’s stock worth $35,493,000 after acquiring an additional 252,242 shares during the last quarter. MML Investors Services LLC increased its position in Capital Group Core Plus Income ETF by 10.8% in the 3rd quarter. MML Investors Services LLC now owns 2,034,038 shares of the company’s stock valued at $47,027,000 after acquiring an additional 198,970 shares in the last quarter. Continuum Advisory LLC raised its stake in shares of Capital Group Core Plus Income ETF by 51.0% in the third quarter. Continuum Advisory LLC now owns 119,352 shares of the company’s stock worth $2,671,000 after acquiring an additional 40,306 shares during the last quarter. Finally, Asset Allocation Strategies LLC lifted its position in shares of Capital Group Core Plus Income ETF by 71.9% during the third quarter. Asset Allocation Strategies LLC now owns 26,454 shares of the company’s stock worth $612,000 after purchasing an additional 11,067 shares in the last quarter.

Capital Group Core Plus Income ETF Price Performance

CGCP opened at $22.46 on Friday. The stock has a market capitalization of $4.71 billion, a P/E ratio of 10.94 and a beta of 0.37. The company’s 50 day simple moving average is $22.44 and its 200-day simple moving average is $22.51. Capital Group Core Plus Income ETF has a one year low of $21.82 and a one year high of $23.34.

Capital Group Core Plus Income ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 28th were given a $0.0921 dividend. This is a positive change from Capital Group Core Plus Income ETF’s previous dividend of $0.08. The ex-dividend date of this dividend was Friday, March 28th.

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.