NavPoint Financial Inc. Increases Holdings in Capital Group Core Plus Income ETF (NYSEARCA:CGCP)

NavPoint Financial Inc. raised its stake in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 24.3% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 273,602 shares of the company’s stock after acquiring an additional 53,530 shares during the quarter. Capital Group Core Plus Income ETF makes up 5.1% of NavPoint Financial Inc.’s portfolio, making the stock its 8th largest holding. NavPoint Financial Inc. owned about 0.28% of Capital Group Core Plus Income ETF worth $6,326,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the company. Capital International Investors boosted its stake in Capital Group Core Plus Income ETF by 141.2% in the first quarter. Capital International Investors now owns 4,365,332 shares of the company’s stock worth $98,045,000 after purchasing an additional 2,555,581 shares in the last quarter. Johnson Bixby & Associates LLC raised its holdings in shares of Capital Group Core Plus Income ETF by 10.6% in the third quarter. Johnson Bixby & Associates LLC now owns 4,065,051 shares of the company’s stock valued at $93,984,000 after buying an additional 388,649 shares during the last quarter. Cetera Investment Advisers lifted its position in Capital Group Core Plus Income ETF by 28.8% during the 2nd quarter. Cetera Investment Advisers now owns 3,285,723 shares of the company’s stock worth $73,009,000 after buying an additional 733,795 shares in the last quarter. LPL Financial LLC grew its holdings in Capital Group Core Plus Income ETF by 22.3% during the 2nd quarter. LPL Financial LLC now owns 3,240,421 shares of the company’s stock worth $72,002,000 after acquiring an additional 590,788 shares during the last quarter. Finally, Envestnet Asset Management Inc. increased its position in Capital Group Core Plus Income ETF by 44.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 3,210,622 shares of the company’s stock valued at $71,340,000 after acquiring an additional 981,628 shares in the last quarter.

Capital Group Core Plus Income ETF Trading Up 0.6 %

Shares of CGCP stock opened at $22.52 on Friday. Capital Group Core Plus Income ETF has a 1 year low of $21.40 and a 1 year high of $23.39. The firm’s 50 day moving average is $22.90 and its 200-day moving average is $22.59.

Capital Group Core Plus Income ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, September 30th. Investors of record on Friday, September 27th were given a $0.0828 dividend. The ex-dividend date was Friday, September 27th.

Capital Group Core Plus Income ETF 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.