Capital Group Core Plus Income ETF $CGCP Shares Sold by Allworth Financial LP

Allworth Financial LP trimmed its holdings in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 22.1% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 70,040 shares of the company’s stock after selling 19,868 shares during the period. Allworth Financial LP’s holdings in Capital Group Core Plus Income ETF were worth $1,576,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Vermillion & White Wealth Management Group LLC bought a new position in Capital Group Core Plus Income ETF in the 1st quarter valued at about $53,000. CWM LLC acquired a new stake in shares of Capital Group Core Plus Income ETF in the 1st quarter worth approximately $84,000. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in shares of Capital Group Core Plus Income ETF by 190.2% in the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 4,490 shares of the company’s stock valued at $101,000 after acquiring an additional 2,943 shares in the last quarter. Olistico Wealth LLC increased its stake in shares of Capital Group Core Plus Income ETF by 20.5% during the second quarter. Olistico Wealth LLC now owns 6,440 shares of the company’s stock valued at $145,000 after acquiring an additional 1,094 shares during the period. Finally, Financial Perspectives Inc increased its stake in shares of Capital Group Core Plus Income ETF by 10.7% during the second quarter. Financial Perspectives Inc now owns 8,255 shares of the company’s stock valued at $186,000 after acquiring an additional 799 shares during the period.

Capital Group Core Plus Income ETF Price Performance

Shares of NYSEARCA:CGCP opened at $22.67 on Friday. The stock has a market cap of $5.94 billion, a price-to-earnings ratio of 10.69 and a beta of 0.36. Capital Group Core Plus Income ETF has a 12 month low of $21.74 and a 12 month high of $23.00. The stock’s 50 day moving average price is $22.82 and its 200 day moving average price is $22.53.

Capital Group Core Plus Income ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, November 3rd. Stockholders of record on Friday, October 31st were paid a $0.1107 dividend. The ex-dividend date of this dividend was Friday, October 31st. This represents a c) dividend on an annualized basis and a dividend yield of 5.9%. This is a boost from Capital Group Core Plus Income ETF’s previous monthly dividend of $0.09.

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.