6,980 Shares in Capital Group Core Plus Income ETF (NYSEARCA:CGCP) Purchased by Synergy Investment Management LLC

Synergy Investment Management LLC bought a new position in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP) in the fourth quarter, Holdings Channel.com reports. The institutional investor bought 6,980 shares of the company’s stock, valued at approximately $155,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of CGCP. Blue Trust Inc. purchased a new position in Capital Group Core Plus Income ETF during the fourth quarter valued at approximately $31,000. Creative Financial Designs Inc. ADV raised its position in 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 in the last quarter. Transcendent Capital Group LLC purchased a new position in Capital Group Core Plus Income ETF during the third quarter valued at approximately $53,000. Financial Perspectives Inc raised its position in 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 valued at $154,000 after acquiring an additional 1,354 shares in the last quarter. Finally, IFP Advisors Inc raised its position in Capital Group Core Plus Income ETF by 22.1% during the fourth quarter. IFP Advisors Inc now owns 7,081 shares of the company’s stock valued at $157,000 after acquiring an additional 1,280 shares in the last quarter.

Capital Group Core Plus Income ETF Trading Down 0.2 %

Shares of CGCP stock opened at $22.60 on Wednesday. The stock has a 50 day moving average of $22.28 and a 200 day moving average of $22.60. The stock has a market cap of $4.48 billion, a P/E ratio of 16.73 and a beta of 0.38. Capital Group Core Plus Income ETF has a twelve month low of $21.82 and a twelve month high of $23.34.

Capital Group Core Plus Income ETF Cuts Dividend

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

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.