Bridgewealth Advisory Group LLC Buys 91,890 Shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP)

Bridgewealth Advisory Group LLC lifted its stake in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 55.6% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 257,284 shares of the company’s stock after purchasing an additional 91,890 shares during the quarter. Capital Group Core Plus Income ETF accounts for 2.5% of Bridgewealth Advisory Group LLC’s holdings, making the stock its 14th biggest holding. Bridgewealth Advisory Group LLC owned approximately 0.26% of Capital Group Core Plus Income ETF worth $5,717,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of CGCP. UBS Group AG grew its stake in Capital Group Core Plus Income ETF by 63.3% during the fourth quarter. UBS Group AG now owns 2,307,394 shares of the company’s stock worth $52,366,000 after buying an additional 894,321 shares in the last quarter. Wells Fargo & Company MN boosted its position in shares of Capital Group Core Plus Income ETF by 58.3% during the 4th quarter. Wells Fargo & Company MN now owns 2,069,987 shares of the company’s stock worth $46,978,000 after acquiring an additional 762,605 shares in the last quarter. Cambridge Investment Research Advisors Inc. increased its stake in Capital Group Core Plus Income ETF by 37.5% in the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 939,330 shares of the company’s stock valued at $21,318,000 after acquiring an additional 256,248 shares during the last quarter. Hoylecohen LLC acquired a new position in Capital Group Core Plus Income ETF during the fourth quarter valued at approximately $298,000. Finally, Advisory Services Network LLC bought a new stake in Capital Group Core Plus Income ETF during the fourth quarter worth $4,554,000.

Capital Group Core Plus Income ETF Price Performance

Shares of CGCP stock opened at $23.26 on Friday. Capital Group Core Plus Income ETF has a fifty-two week low of $20.99 and a fifty-two week high of $23.39. The stock’s fifty day moving average price is $22.88 and its two-hundred day moving average price is $22.48.

Capital Group Core Plus Income ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Thursday, August 1st. Shareholders of record on Wednesday, July 31st were given a $0.1134 dividend. The ex-dividend date was Wednesday, July 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.