Harbour Investments Inc. Raises Position in Capital Group Core Plus Income ETF (NYSEARCA:CGCP)

Harbour Investments Inc. grew its stake in Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 13.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,955,062 shares of the company’s stock after buying an additional 229,264 shares during the period. Capital Group Core Plus Income ETF accounts for 1.2% of Harbour Investments Inc.’s holdings, making the stock its 14th biggest position. Harbour Investments Inc. owned 2.00% of Capital Group Core Plus Income ETF worth $43,402,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Envestnet Portfolio Solutions Inc. raised its position in Capital Group Core Plus Income ETF by 24.0% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 39,793 shares of the company’s stock worth $883,000 after buying an additional 7,700 shares during the last quarter. Greatmark Investment Partners Inc. increased its holdings in shares of Capital Group Core Plus Income ETF by 10.8% during the 4th quarter. Greatmark Investment Partners Inc. now owns 71,990 shares of the company’s stock valued at $1,598,000 after purchasing an additional 7,005 shares in the last quarter. Commonwealth Equity Services LLC increased its holdings in shares of Capital Group Core Plus Income ETF by 12.4% during the 4th quarter. Commonwealth Equity Services LLC now owns 2,946,315 shares of the company’s stock valued at $65,408,000 after purchasing an additional 325,341 shares in the last quarter. Madison Wealth Partners Inc increased its holdings in shares of Capital Group Core Plus Income ETF by 22.7% during the 4th quarter. Madison Wealth Partners Inc now owns 35,017 shares of the company’s stock valued at $777,000 after purchasing an additional 6,478 shares in the last quarter. Finally, Avantax Advisory Services Inc. increased its holdings in shares of Capital Group Core Plus Income ETF by 14.9% during the 4th quarter. Avantax Advisory Services Inc. now owns 217,069 shares of the company’s stock valued at $4,819,000 after purchasing an additional 28,202 shares in the last quarter.

Capital Group Core Plus Income ETF Stock Performance

Capital Group Core Plus Income ETF stock opened at $22.43 on Friday. The company’s fifty day moving average price is $22.34 and its 200 day moving average price is $22.57. Capital Group Core Plus Income ETF has a 1 year low of $21.82 and a 1 year high of $23.34. The stock has a market capitalization of $4.45 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 announced 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 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.