Bay Colony Advisory Group Inc d b a Bay Colony Advisors Acquires 29,535 Shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP)

by · The Cerbat Gem

Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its holdings in Capital Group Core Plus Income ETF (NYSEARCA:CGCP – Free Report) by 91.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 61,718 shares of the company’s stock after purchasing an additional 29,535 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors owned about 0.06% of Capital Group Core Plus Income ETF worth $1,427,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in CGCP. Capital International Investors grew its position in shares of Capital Group Core Plus Income ETF by 141.2% in the 1st quarter. Capital International Investors now owns 4,365,332 shares of the company’s stock valued at $98,045,000 after acquiring an additional 2,555,581 shares during the period. Cetera Investment Advisers grew its position in shares of Capital Group Core Plus Income ETF by 895.0% in the 1st quarter. Cetera Investment Advisers now owns 2,551,928 shares of the company’s stock valued at $57,316,000 after acquiring an additional 2,295,444 shares during the period. Envestnet Asset Management Inc. grew its position in shares of 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 during the period. Raymond James & Associates grew its position in shares of Capital Group Core Plus Income ETF by 63.9% in the 3rd quarter. Raymond James & Associates now owns 2,479,858 shares of the company’s stock valued at $57,334,000 after acquiring an additional 967,129 shares during the period. Finally, Commonwealth Equity Services LLC grew its position in shares of Capital Group Core Plus Income ETF by 38.7% in the 3rd quarter. Commonwealth Equity Services LLC now owns 2,620,974 shares of the company’s stock valued at $60,597,000 after acquiring an additional 731,316 shares during the period.

Capital Group Core Plus Income ETF Stock Performance

Shares of CGCP traded down $0.01 during midday trading on Monday, reaching $22.58. The stock had a trading volume of 42,490 shares, compared to its average volume of 758,660. The firm has a 50 day simple moving average of $23.00 and a 200-day simple moving average of $22.57. Capital Group Core Plus Income ETF has a one year low of $21.07 and a one year high of $23.39.

Capital Group Core Plus Income ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Monday, September 30th. Stockholders of record on Friday, September 27th were paid a dividend of $0.0828 per share. The ex-dividend date of this dividend was Friday, September 27th.

Capital Group Core Plus Income ETF Company Profile

(Free Report)

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.

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