Smith Thornton Advisors LLC Takes Position in Capital Group Core Plus Income ETF (NYSEARCA:CGCP)

Smith Thornton Advisors LLC purchased a new stake in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 24,941 shares of the company’s stock, valued at approximately $554,000.

A number of other large investors also recently bought and sold shares of the business. LPL Financial LLC raised its stake in 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 buying an additional 2,249,990 shares in the last quarter. Johnson Bixby & Associates LLC increased its position in shares of Capital Group Core Plus Income ETF by 10.6% during the third quarter. Johnson Bixby & Associates LLC now owns 4,065,051 shares of the company’s stock worth $93,984,000 after purchasing an additional 388,649 shares in the last quarter. Cetera Investment Advisers increased its position 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 purchasing an additional 733,795 shares in the last quarter. Envestnet Asset Management Inc. increased its position in shares of Capital Group Core Plus Income ETF by 44.0% during the second 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 in the last quarter. Finally, Commonwealth Equity Services LLC increased its position in shares of Capital Group Core Plus Income ETF by 38.7% during the third quarter. Commonwealth Equity Services LLC now owns 2,620,974 shares of the company’s stock worth $60,597,000 after purchasing an additional 731,316 shares in the last quarter.

Capital Group Core Plus Income ETF Stock Up 0.9 %

Shares of CGCP stock opened at $22.16 on Thursday. The business’s fifty day simple moving average is $22.38 and its 200-day simple moving average is $22.65. Capital Group Core Plus Income ETF has a 12-month low of $21.82 and a 12-month high of $23.39.

Capital Group Core Plus Income ETF Increases Dividend

The firm also recently declared 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. The ex-dividend date was Friday, November 29th. This is an increase from Capital Group Core Plus Income ETF’s previous dividend of $0.08.

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.