Magnolia Capital Advisors LLC Invests $63,000 in Capital Group Core Plus Income ETF (NYSEARCA:CGCP)

Magnolia Capital Advisors LLC bought a new position in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 2,850 shares of the company’s stock, valued at approximately $63,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. ICA Group Wealth Management LLC raised its position in Capital Group Core Plus Income ETF by 160,000.0% during the second quarter. ICA Group Wealth Management LLC now owns 1,601 shares of the company’s stock valued at $36,000 after buying an additional 1,600 shares during the period. Olistico Wealth LLC acquired a new position in Capital Group Core Plus Income ETF during the second quarter valued at $43,000. Financial Perspectives Inc raised its position in Capital Group Core Plus Income ETF by 28.8% during the first quarter. Financial Perspectives Inc now owns 5,571 shares of the company’s stock valued at $125,000 after buying an additional 1,247 shares during the period. Carson Advisory Inc. acquired a new position in Capital Group Core Plus Income ETF during the first quarter valued at $204,000. Finally, Delta Financial Group Inc. acquired a new position in Capital Group Core Plus Income ETF during the second quarter valued at $224,000.

Capital Group Core Plus Income ETF Price Performance

NYSEARCA:CGCP opened at $23.12 on Tuesday. Capital Group Core Plus Income ETF has a 1-year low of $20.99 and a 1-year high of $23.39. The business’s fifty day moving average price is $22.96 and its 200 day moving average price is $22.51.

Capital Group Core Plus Income ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Monday, September 30th. Investors of record on Friday, September 27th were given a dividend of $0.0828 per share. The ex-dividend date of this dividend was Friday, September 27th.

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.