Kestra Investment Management LLC Purchases New Holdings in Capital Group Core Plus Income ETF (NYSEARCA:CGCP)

Kestra Investment Management LLC purchased a new stake in Capital Group Core Plus Income ETF (NYSEARCA:CGCP) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 327,438 shares of the company’s stock, valued at approximately $7,276,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Capital International Investors increased its position in Capital Group Core Plus Income ETF by 141.2% during the 1st quarter. Capital International Investors now owns 4,365,332 shares of the company’s stock worth $98,045,000 after purchasing an additional 2,555,581 shares during the period. Cetera Investment Advisers increased its position in Capital Group Core Plus Income ETF by 895.0% during the 1st quarter. Cetera Investment Advisers now owns 2,551,928 shares of the company’s stock worth $57,316,000 after purchasing an additional 2,295,444 shares during the period. Envestnet Asset Management Inc. increased its position in Capital Group Core Plus Income ETF by 44.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 3,210,622 shares of the company’s stock worth $71,340,000 after purchasing an additional 981,628 shares during the period. LPL Financial LLC increased its position in Capital Group Core Plus Income ETF by 22.3% during the 2nd quarter. LPL Financial LLC now owns 3,240,421 shares of the company’s stock worth $72,002,000 after purchasing an additional 590,788 shares during the period. Finally, Investment Planning Advisors Inc. acquired a new position in Capital Group Core Plus Income ETF during the 2nd quarter worth approximately $12,633,000.

Capital Group Core Plus Income ETF Trading Down 0.2 %

NYSEARCA CGCP opened at $23.12 on Tuesday. The business’s 50 day moving average is $22.96 and its two-hundred day moving average is $22.51. Capital Group Core Plus Income ETF has a 12-month low of $20.99 and a 12-month high of $23.39.

Capital Group Core Plus Income ETF Cuts Dividend

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