Landmark Wealth Management LLC Sells 4,104 Shares of Capital Group Core Plus Income ETF $CGCP

Landmark Wealth Management LLC lessened its holdings in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 1.7% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 236,887 shares of the company’s stock after selling 4,104 shares during the quarter. Capital Group Core Plus Income ETF makes up 2.3% of Landmark Wealth Management LLC’s portfolio, making the stock its 15th biggest position. Landmark Wealth Management LLC’s holdings in Capital Group Core Plus Income ETF were worth $5,330,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in CGCP. ORG Partners LLC raised its holdings in Capital Group Core Plus Income ETF by 182.4% in the 1st quarter. ORG Partners LLC now owns 2,217 shares of the company’s stock worth $50,000 after purchasing an additional 1,432 shares in the last quarter. Vermillion & White Wealth Management Group LLC bought a new position in Capital Group Core Plus Income ETF in the first quarter worth about $53,000. CWM LLC bought a new position in Capital Group Core Plus Income ETF in the first quarter worth about $84,000. Thurston Springer Miller Herd & Titak Inc. raised its stake in 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 worth $101,000 after buying an additional 2,943 shares in the last quarter. Finally, Olistico Wealth LLC raised its position in shares of Capital Group Core Plus Income ETF by 24.3% in the 1st quarter. Olistico Wealth LLC now owns 5,346 shares of the company’s stock worth $120,000 after acquiring an additional 1,045 shares in the last quarter.

Capital Group Core Plus Income ETF Stock Performance

Shares of NYSEARCA:CGCP opened at $22.77 on Friday. Capital Group Core Plus Income ETF has a 52-week low of $21.74 and a 52-week high of $23.00. The firm has a market capitalization of $5.90 billion, a P/E ratio of 10.69 and a beta of 0.39. The stock has a 50 day moving average price of $22.71 and a 200-day moving average price of $22.43.

Capital Group Core Plus Income ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Monday, September 29th were issued a $0.0901 dividend. The ex-dividend date was Monday, September 29th. This represents a c) dividend on an annualized basis and a yield of 4.7%.

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.