EQ Wealth Advisors LLC Takes $642,000 Position in Capital Group Core Plus Income ETF (NYSEARCA:CGCP)

EQ Wealth Advisors LLC bought a new stake in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP) in the 4th quarter, Holdings Channel.com reports. The firm bought 28,934 shares of the company’s stock, valued at approximately $642,000. Capital Group Core Plus Income ETF comprises 0.5% of EQ Wealth Advisors LLC’s holdings, making the stock its 29th biggest position.

A number of other institutional investors have also recently made changes to their positions in CGCP. NavPoint Financial Inc. boosted its position in Capital Group Core Plus Income ETF by 13.0% during the 4th quarter. NavPoint Financial Inc. now owns 309,103 shares of the company’s stock valued at $6,862,000 after buying an additional 35,501 shares during the period. Adamsbrown Wealth Consultants LLC grew its position in shares of Capital Group Core Plus Income ETF by 9.7% in the 4th quarter. Adamsbrown Wealth Consultants LLC now owns 1,174,463 shares of the company’s stock worth $26,073,000 after buying an additional 103,512 shares during the last quarter. GPS Wealth Strategies Group LLC increased its stake in shares of Capital Group Core Plus Income ETF by 3.9% during the fourth quarter. GPS Wealth Strategies Group LLC now owns 13,390 shares of the company’s stock valued at $297,000 after buying an additional 500 shares during the period. DAVENPORT & Co LLC raised its holdings in shares of Capital Group Core Plus Income ETF by 13.4% during the fourth quarter. DAVENPORT & Co LLC now owns 101,557 shares of the company’s stock valued at $2,255,000 after acquiring an additional 12,007 shares in the last quarter. Finally, Clearview Wealth Advisors LLC lifted its position in shares of Capital Group Core Plus Income ETF by 5.5% in the 4th quarter. Clearview Wealth Advisors LLC now owns 544,175 shares of the company’s stock worth $12,081,000 after purchasing an additional 28,605 shares during the period.

Capital Group Core Plus Income ETF Price Performance

CGCP stock opened at $22.27 on Monday. Capital Group Core Plus Income ETF has a 1 year low of $21.82 and a 1 year high of $23.39. The firm has a 50-day moving average of $22.34 and a 200 day moving average of $22.64.

Capital Group Core Plus Income ETF Cuts Dividend

The company also recently announced a dividend, which will be paid on Monday, February 3rd. Stockholders of record on Friday, January 31st will be given a $0.0801 dividend. The ex-dividend date of this dividend is Friday, January 31st.

About Capital Group Core Plus Income ETF

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.