Brookstone Capital Management Invests $538,000 in Capital Group Core Plus Income ETF (NYSEARCA:CGCP)

Brookstone Capital Management purchased a new position in Capital Group Core Plus Income ETF (NYSEARCA:CGCP) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 24,250 shares of the company’s stock, valued at approximately $538,000.

Other hedge funds have also modified their holdings of the company. Creative Financial Designs Inc. ADV boosted its stake in shares of Capital Group Core Plus Income ETF by 49.8% in the third quarter. Creative Financial Designs Inc. ADV now owns 1,774 shares of the company’s stock worth $41,000 after buying an additional 590 shares during the last quarter. Transcendent Capital Group LLC acquired a new stake in shares of Capital Group Core Plus Income ETF in the third quarter valued at approximately $53,000. Magnolia Capital Advisors LLC purchased a new position in Capital Group Core Plus Income ETF during the second quarter worth approximately $63,000. Olistico Wealth LLC boosted its stake in Capital Group Core Plus Income ETF by 135.0% during the third quarter. Olistico Wealth LLC now owns 4,538 shares of the company’s stock worth $105,000 after buying an additional 2,607 shares during the last quarter. Finally, Hexagon Capital Partners LLC acquired a new position in Capital Group Core Plus Income ETF during the third quarter worth $198,000.

Capital Group Core Plus Income ETF Stock Up 0.2 %

Shares of CGCP opened at $22.22 on Friday. Capital Group Core Plus Income ETF has a 52-week low of $21.82 and a 52-week high of $23.39. The stock has a fifty day simple moving average of $22.36 and a two-hundred day simple moving average of $22.65.

Capital Group Core Plus Income ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Monday, December 2nd. Investors of record on Friday, November 29th were given a dividend of $0.0859 per share. This is a boost from Capital Group Core Plus Income ETF’s previous dividend of $0.08. The ex-dividend date of this dividend was Friday, November 29th.

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.