Sterling Investment Advisors Ltd. Makes New $260,000 Investment in Capital Group Core Plus Income ETF (NYSEARCA:CGCP)

Sterling Investment Advisors Ltd. acquired a new position in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 11,725 shares of the company’s stock, valued at approximately $260,000.

Other hedge funds have also recently added to or reduced their stakes in the company. LPL Financial LLC lifted its position in Capital Group Core Plus Income ETF by 69.4% during the 3rd quarter. LPL Financial LLC now owns 5,490,411 shares of the company’s stock valued at $126,938,000 after purchasing an additional 2,249,990 shares during the period. Johnson Bixby & Associates LLC increased its stake in Capital Group Core Plus Income ETF by 8.3% during the 4th quarter. Johnson Bixby & Associates LLC now owns 4,402,179 shares of the company’s stock worth $97,728,000 after purchasing an additional 337,128 shares in the last quarter. Janney Montgomery Scott LLC increased its stake in Capital Group Core Plus Income ETF by 22.5% during the 4th quarter. Janney Montgomery Scott LLC now owns 2,415,020 shares of the company’s stock worth $53,613,000 after purchasing an additional 444,281 shares in the last quarter. Souders Financial Advisors increased its stake in Capital Group Core Plus Income ETF by 7.6% during the 3rd quarter. Souders Financial Advisors now owns 2,318,191 shares of the company’s stock worth $53,597,000 after purchasing an additional 163,735 shares in the last quarter. Finally, MML Investors Services LLC increased its stake in Capital Group Core Plus Income ETF by 10.8% during the 3rd quarter. MML Investors Services LLC now owns 2,034,038 shares of the company’s stock worth $47,027,000 after purchasing an additional 198,970 shares in the last quarter.

Capital Group Core Plus Income ETF Price Performance

NYSEARCA CGCP opened at $22.47 on Tuesday. Capital Group Core Plus Income ETF has a 52-week low of $21.82 and a 52-week high of $23.34. The business has a 50 day simple moving average of $22.25 and a 200 day simple moving average of $22.61.

Capital Group Core Plus Income ETF Cuts Dividend

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