Meridian Wealth Management LLC Acquires 15,053 Shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP)

Meridian Wealth Management LLC increased its holdings in Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 43.9% in the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 49,309 shares of the company’s stock after buying an additional 15,053 shares during the quarter. Meridian Wealth Management LLC owned about 0.05% of Capital Group Core Plus Income ETF worth $1,095,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Blue Trust Inc. bought a new stake in Capital Group Core Plus Income ETF in the 4th quarter worth about $31,000. Creative Financial Designs Inc. ADV increased its holdings in Capital Group Core Plus Income ETF by 49.8% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 1,774 shares of the company’s stock worth $41,000 after buying an additional 590 shares in the last quarter. Transcendent Capital Group LLC bought a new stake in Capital Group Core Plus Income ETF in the 3rd quarter worth about $53,000. Financial Perspectives Inc grew its stake in shares of Capital Group Core Plus Income ETF by 24.3% during the 4th quarter. Financial Perspectives Inc now owns 6,925 shares of the company’s stock valued at $154,000 after purchasing an additional 1,354 shares during the period. Finally, IFP Advisors Inc grew its stake in shares of Capital Group Core Plus Income ETF by 22.1% during the 4th quarter. IFP Advisors Inc now owns 7,081 shares of the company’s stock valued at $157,000 after purchasing an additional 1,280 shares during the period.

Capital Group Core Plus Income ETF Stock Down 0.2 %

Capital Group Core Plus Income ETF stock opened at $22.60 on Wednesday. The business has a 50-day simple moving average of $22.28 and a two-hundred day simple moving average of $22.60. The company has a market cap of $4.48 billion, a P/E ratio of 16.73 and a beta of 0.38. Capital Group Core Plus Income ETF has a 52-week low of $21.82 and a 52-week high of $23.34.

Capital Group Core Plus Income ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, February 3rd. Shareholders of record on Friday, January 31st were paid a dividend of $0.0801 per share. The ex-dividend date was Friday, January 31st.

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.