Northwestern Mutual Wealth Management Co. Acquires 243,127 Shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP)

Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 14.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,920,398 shares of the company’s stock after purchasing an additional 243,127 shares during the period. Northwestern Mutual Wealth Management Co. owned about 1.96% of Capital Group Core Plus Income ETF worth $42,671,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. ICA Group Wealth Management LLC raised its position in Capital Group Core Plus Income ETF by 160,000.0% in the second quarter. ICA Group Wealth Management LLC now owns 1,601 shares of the company’s stock worth $36,000 after acquiring an additional 1,600 shares during the period. Olistico Wealth LLC bought a new stake in shares of Capital Group Core Plus Income ETF in the 2nd quarter worth approximately $43,000. Magnolia Capital Advisors LLC bought a new stake in shares of Capital Group Core Plus Income ETF in the 2nd quarter worth approximately $63,000. Financial Perspectives Inc lifted its stake in 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 valued at $125,000 after purchasing an additional 1,247 shares during the last quarter. Finally, Carson Advisory Inc. bought a new position in Capital Group Core Plus Income ETF during the first quarter valued at $204,000.

Capital Group Core Plus Income ETF Stock Performance

Shares of CGCP opened at $23.16 on Monday. Capital Group Core Plus Income ETF has a 1 year low of $20.99 and a 1 year high of $23.39. The stock’s fifty day moving average price is $22.95 and its two-hundred day moving average price is $22.51.

Capital Group Core Plus Income ETF Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Monday, September 30th. Investors of record on Friday, September 27th will be paid a $0.0828 dividend. The ex-dividend date of this dividend is Friday, September 27th.

Capital Group Core Plus Income ETF Company 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.