Ridgeline Wealth Planning LLC Purchases Shares of 17,509 Capital Group Core Plus Income ETF (NYSEARCA:CGCP)

Ridgeline Wealth Planning LLC purchased a new position in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 17,509 shares of the company’s stock, valued at approximately $389,000. Capital Group Core Plus Income ETF comprises about 0.4% of Ridgeline Wealth Planning LLC’s investment portfolio, making the stock its 26th biggest position.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Brookstone Capital Management acquired a new position in Capital Group Core Plus Income ETF during the fourth quarter worth $538,000. Global Retirement Partners LLC grew its position in shares of Capital Group Core Plus Income ETF by 460.9% in the 3rd quarter. Global Retirement Partners LLC now owns 86,282 shares of the company’s stock valued at $1,995,000 after acquiring an additional 70,900 shares during the period. DAVENPORT & Co LLC increased its stake in shares of Capital Group Core Plus Income ETF by 13.4% during the 4th quarter. DAVENPORT & Co LLC now owns 101,557 shares of the company’s stock worth $2,255,000 after purchasing an additional 12,007 shares during the last quarter. Clearview Wealth Advisors LLC raised its holdings in shares of Capital Group Core Plus Income ETF by 15.7% in the 3rd quarter. Clearview Wealth Advisors LLC now owns 515,570 shares of the company’s stock valued at $11,920,000 after purchasing an additional 70,141 shares during the period. 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 during the period.

Capital Group Core Plus Income ETF Trading Down 0.2 %

Capital Group Core Plus Income ETF stock opened at $22.29 on Wednesday. The stock has a 50-day simple moving average of $22.30 and a 200 day simple moving average of $22.63. Capital Group Core Plus Income ETF has a 52 week low of $21.82 and a 52 week high of $23.39.

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 of this dividend was Friday, January 31st.

Capital Group Core Plus Income ETF 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.