Capital Group Core Plus Income ETF (NYSEARCA:CGCP) is Midwest Heritage Bank FSB’s 3rd Largest Position

Midwest Heritage Bank FSB lifted its holdings in Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 8.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 813,127 shares of the company’s stock after buying an additional 62,050 shares during the quarter. Capital Group Core Plus Income ETF makes up about 8.4% of Midwest Heritage Bank FSB’s portfolio, making the stock its 3rd biggest position. Midwest Heritage Bank FSB owned 0.83% of Capital Group Core Plus Income ETF worth $18,051,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of CGCP. Raymond James Financial Inc. bought a new position in Capital Group Core Plus Income ETF in the 4th quarter worth about $93,450,000. LPL Financial LLC raised 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 in the last quarter. Stonebridge Financial Group LLC purchased a new stake in shares of Capital Group Core Plus Income ETF in the 4th quarter worth $23,362,000. Captrust Financial Advisors grew its position in shares of Capital Group Core Plus Income ETF by 711.0% during the 3rd quarter. Captrust Financial Advisors now owns 830,262 shares of the company’s stock worth $19,196,000 after buying an additional 727,884 shares in the last quarter. Finally, Harbour Investments Inc. increased its stake in shares of Capital Group Core Plus Income ETF by 46.4% during the third quarter. Harbour Investments Inc. now owns 1,725,798 shares of the company’s stock valued at $39,900,000 after buying an additional 546,823 shares during the period.

Capital Group Core Plus Income ETF Price Performance

CGCP stock opened at $22.55 on Thursday. Capital Group Core Plus Income ETF has a 1-year low of $21.82 and a 1-year high of $23.34. The business has a 50-day moving average price of $22.29 and a 200 day moving average price of $22.60. The company has a market capitalization of $4.47 billion, a P/E ratio of 16.73 and a beta of 0.38.

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 given a $0.0801 dividend. The ex-dividend date of this dividend was Friday, January 31st.

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.