Souders Financial Advisors Boosts Stake in Capital Group Core Plus Income ETF (NYSEARCA:CGCP)

Souders Financial Advisors lifted its holdings in Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 7.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,496,188 shares of the company’s stock after acquiring an additional 177,997 shares during the period. Capital Group Core Plus Income ETF accounts for about 7.7% of Souders Financial Advisors’ portfolio, making the stock its biggest holding. Souders Financial Advisors’ holdings in Capital Group Core Plus Income ETF were worth $55,415,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. LPL Financial LLC lifted its stake in Capital Group Core Plus Income ETF by 69.4% in the 3rd quarter. LPL Financial LLC now owns 5,490,411 shares of the company’s stock worth $126,938,000 after purchasing an additional 2,249,990 shares in the last quarter. Johnson Bixby & Associates LLC increased its holdings in shares of Capital Group Core Plus Income ETF by 8.3% in the fourth quarter. Johnson Bixby & Associates LLC now owns 4,402,179 shares of the company’s stock worth $97,728,000 after purchasing an additional 337,128 shares during the last quarter. Janney Montgomery Scott LLC lifted its position in shares of Capital Group Core Plus Income ETF by 22.5% in the fourth quarter. Janney Montgomery Scott LLC now owns 2,415,020 shares of the company’s stock worth $53,613,000 after buying an additional 444,281 shares in the last quarter. MML Investors Services LLC boosted its stake in Capital Group Core Plus Income ETF by 10.8% during the third quarter. MML Investors Services LLC now owns 2,034,038 shares of the company’s stock valued at $47,027,000 after buying an additional 198,970 shares during the last quarter. Finally, Harbour Investments Inc. grew its holdings in Capital Group Core Plus Income ETF by 46.4% during the 3rd quarter. Harbour Investments Inc. now owns 1,725,798 shares of the company’s stock valued at $39,900,000 after buying an additional 546,823 shares in the last quarter.

Capital Group Core Plus Income ETF Price Performance

NYSEARCA:CGCP opened at $22.60 on Wednesday. The company has a market cap of $4.48 billion, a price-to-earnings ratio of 16.73 and a beta of 0.38. Capital Group Core Plus Income ETF has a 1 year low of $21.82 and a 1 year high of $23.34. The stock’s 50 day simple moving average is $22.28 and its two-hundred day simple moving average is $22.60.

Capital Group Core Plus Income ETF Cuts Dividend

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