Envestnet Portfolio Solutions Inc. Boosts Holdings in Capital Group Core Plus Income ETF (NYSEARCA:CGCP)

Envestnet Portfolio Solutions Inc. boosted its position in Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 24.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 39,793 shares of the company’s stock after purchasing an additional 7,700 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in Capital Group Core Plus Income ETF were worth $883,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Blue Trust Inc. purchased a new stake in Capital Group Core Plus Income ETF in the 4th quarter worth approximately $31,000. Financial Perspectives Inc lifted its stake in Capital Group Core Plus Income ETF by 24.3% in the 4th quarter. Financial Perspectives Inc now owns 6,925 shares of the company’s stock worth $154,000 after purchasing an additional 1,354 shares in the last quarter. Synergy Investment Management LLC purchased a new stake in Capital Group Core Plus Income ETF in the 4th quarter worth approximately $155,000. IFP Advisors Inc lifted its stake in Capital Group Core Plus Income ETF by 22.1% in the 4th quarter. IFP Advisors Inc now owns 7,081 shares of the company’s stock worth $157,000 after purchasing an additional 1,280 shares in the last quarter. Finally, Private Trust Co. NA lifted its stake in Capital Group Core Plus Income ETF by 151.8% in the 3rd quarter. Private Trust Co. NA now owns 9,064 shares of the company’s stock worth $210,000 after purchasing an additional 5,465 shares in the last quarter.

Capital Group Core Plus Income ETF Stock Performance

Capital Group Core Plus Income ETF stock opened at $22.54 on Monday. The firm’s fifty day moving average price is $22.38 and its 200-day moving average price is $22.56. The stock has a market cap of $4.58 billion, a P/E ratio of 10.91 and a beta of 0.38. Capital Group Core Plus Income ETF has a fifty-two week low of $21.82 and a fifty-two week high of $23.34.

Capital Group Core Plus Income ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Monday, February 3rd. Stockholders of record on Friday, January 31st were given 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.