Janney Montgomery Scott LLC Raises Stock Position in Capital Group Core Plus Income ETF (NYSEARCA:CGCP)

Janney Montgomery Scott LLC lifted its holdings in Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 22.5% in the fourth quarter, HoldingsChannel reports. The firm owned 2,415,020 shares of the company’s stock after buying an additional 444,281 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Capital Group Core Plus Income ETF were worth $53,613,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in CGCP. LPL Financial LLC grew its stake in shares of Capital Group Core Plus Income ETF by 69.4% in the third quarter. LPL Financial LLC now owns 5,490,411 shares of the company’s stock worth $126,938,000 after acquiring an additional 2,249,990 shares in the last quarter. Raymond James & Associates grew its position in shares of Capital Group Core Plus Income ETF by 63.9% during the third quarter. Raymond James & Associates now owns 2,479,858 shares of the company’s stock worth $57,334,000 after buying an additional 967,129 shares in the last quarter. Cetera Investment Advisers increased its stake in shares of Capital Group Core Plus Income ETF by 28.8% during the second quarter. Cetera Investment Advisers now owns 3,285,723 shares of the company’s stock worth $73,009,000 after buying an additional 733,795 shares during the period. Commonwealth Equity Services LLC raised its holdings in Capital Group Core Plus Income ETF by 38.7% in the third quarter. Commonwealth Equity Services LLC now owns 2,620,974 shares of the company’s stock valued at $60,597,000 after acquiring an additional 731,316 shares in the last quarter. Finally, Captrust Financial Advisors lifted its stake in Capital Group Core Plus Income ETF by 711.0% in the third quarter. Captrust Financial Advisors now owns 830,262 shares of the company’s stock worth $19,196,000 after acquiring an additional 727,884 shares during the last quarter.

Capital Group Core Plus Income ETF Price Performance

Shares of NYSEARCA:CGCP opened at $22.23 on Friday. The company’s 50 day moving average is $22.35 and its two-hundred day moving average is $22.65. Capital Group Core Plus Income ETF has a 52 week low of $21.82 and a 52 week high of $23.39.

Capital Group Core Plus Income ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Monday, December 2nd. Stockholders 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 was Friday, November 29th.

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.