EQ Wealth Advisors LLC Makes New Investment in Capital Group Core Plus Income ETF (NYSEARCA:CGCP)

EQ Wealth Advisors LLC bought a new stake 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 fund bought 28,934 shares of the company’s stock, valued at approximately $642,000. Capital Group Core Plus Income ETF accounts for about 0.5% of EQ Wealth Advisors LLC’s portfolio, making the stock its 29th biggest holding.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. GPS Wealth Strategies Group LLC boosted its holdings in Capital Group Core Plus Income ETF by 3.9% in the 4th quarter. GPS Wealth Strategies Group LLC now owns 13,390 shares of the company’s stock valued at $297,000 after purchasing an additional 500 shares during the period. Creative Financial Designs Inc. ADV grew its holdings in shares of Capital Group Core Plus Income ETF by 49.8% during the third quarter. Creative Financial Designs Inc. ADV now owns 1,774 shares of the company’s stock worth $41,000 after purchasing an additional 590 shares in the last quarter. Dynamic Advisor Solutions LLC increased its position in shares of Capital Group Core Plus Income ETF by 0.8% in the fourth quarter. Dynamic Advisor Solutions LLC now owns 83,629 shares of the company’s stock worth $1,857,000 after purchasing an additional 670 shares during the last quarter. Daymark Wealth Partners LLC increased its position in shares of Capital Group Core Plus Income ETF by 4.4% in the third quarter. Daymark Wealth Partners LLC now owns 16,701 shares of the company’s stock worth $386,000 after purchasing an additional 704 shares during the last quarter. Finally, Koshinski Asset Management Inc. lifted its position in Capital Group Core Plus Income ETF by 6.9% during the third quarter. Koshinski Asset Management Inc. now owns 14,823 shares of the company’s stock valued at $343,000 after purchasing an additional 962 shares during the last quarter.

Capital Group Core Plus Income ETF Price Performance

CGCP stock opened at $22.27 on Monday. The firm has a 50 day simple moving average of $22.34 and a two-hundred day simple moving average of $22.64. Capital Group Core Plus Income ETF has a one year low of $21.82 and a one year high of $23.39.

Capital Group Core Plus Income ETF Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Monday, February 3rd. Stockholders of record on Friday, January 31st will be given a dividend of $0.0801 per share. The ex-dividend date is 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.