Souders Financial Advisors Has $47.87 Million Stock Position in Capital Group Core Plus Income ETF (NYSEARCA:CGCP)

Souders Financial Advisors raised its stake in Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 2.6% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,154,456 shares of the company’s stock after acquiring an additional 55,471 shares during the period. Capital Group Core Plus Income ETF makes up about 7.2% of Souders Financial Advisors’ portfolio, making the stock its biggest holding. Souders Financial Advisors owned approximately 2.20% of Capital Group Core Plus Income ETF worth $47,872,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in CGCP. ICA Group Wealth Management LLC increased its holdings in Capital Group Core Plus Income ETF by 160,000.0% in the 2nd quarter. ICA Group Wealth Management LLC now owns 1,601 shares of the company’s stock worth $36,000 after purchasing an additional 1,600 shares in the last quarter. Olistico Wealth LLC acquired a new position in Capital Group Core Plus Income ETF during the 2nd quarter worth approximately $43,000. Magnolia Capital Advisors LLC acquired a new position in Capital Group Core Plus Income ETF during the 2nd quarter worth approximately $63,000. Financial Perspectives Inc raised its stake in shares of Capital Group Core Plus Income ETF by 28.8% in the first quarter. Financial Perspectives Inc now owns 5,571 shares of the company’s stock worth $125,000 after purchasing an additional 1,247 shares during the last quarter. Finally, Carson Advisory Inc. purchased a new stake in shares of Capital Group Core Plus Income ETF in the first quarter worth approximately $204,000.

Capital Group Core Plus Income ETF Price Performance

Shares of NYSEARCA CGCP opened at $23.12 on Tuesday. The stock has a fifty day simple moving average of $22.96 and a two-hundred day simple moving average of $22.51. Capital Group Core Plus Income ETF has a 1-year low of $20.99 and a 1-year high of $23.39.

Capital Group Core Plus Income ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Monday, September 30th. Investors of record on Friday, September 27th were paid 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.