MML Investors Services LLC Has $49.71 Million Stock Position in Capital Group Core Plus Income ETF (NYSEARCA:CGCP)

MML Investors Services LLC increased its stake in Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 10.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,239,306 shares of the company’s stock after buying an additional 205,268 shares during the quarter. MML Investors Services LLC owned approximately 2.29% of Capital Group Core Plus Income ETF worth $49,713,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in CGCP. Raymond James Financial Inc. acquired a new stake in Capital Group Core Plus Income ETF during the fourth quarter worth approximately $93,450,000. LPL Financial LLC increased its stake in shares of Capital Group Core Plus Income ETF by 55.2% during the fourth quarter. LPL Financial LLC now owns 8,521,216 shares of the company’s stock worth $189,171,000 after purchasing an additional 3,030,805 shares during the period. Capital International Investors lifted its holdings in Capital Group Core Plus Income ETF by 22.9% during the 4th quarter. Capital International Investors now owns 13,561,469 shares of the company’s stock worth $301,065,000 after purchasing an additional 2,522,846 shares during the last quarter. Wells Fargo & Company MN lifted its holdings in Capital Group Core Plus Income ETF by 25.4% during the 4th quarter. Wells Fargo & Company MN now owns 10,414,720 shares of the company’s stock worth $231,207,000 after purchasing an additional 2,111,261 shares during the last quarter. Finally, Stonebridge Financial Group LLC bought a new stake in Capital Group Core Plus Income ETF in the 4th quarter valued at $23,362,000.

Capital Group Core Plus Income ETF Stock Performance

CGCP stock opened at $22.15 on Monday. Capital Group Core Plus Income ETF has a 52 week low of $21.74 and a 52 week high of $23.34. The company’s 50-day simple moving average is $22.38 and its 200 day simple moving average is $22.42. The company has a market capitalization of $4.64 billion, a PE ratio of 10.94 and a beta of 0.37.

Capital Group Core Plus Income ETF Increases Dividend

The business also recently announced a dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, March 28th were issued a dividend of $0.0921 per share. This is a positive change from Capital Group Core Plus Income ETF’s previous dividend of $0.08. The ex-dividend date of this dividend was Friday, March 28th.

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.